Pubmatic, Inc. Stock Price, News & Analysis

PubMatic (NASDAQ: PUBM) reported impressive second-quarter results for 2021, achieving revenue of $49.7 million, an 88% increase from $26.4 million YoY. The company also posted a GAAP net income of $9.9 million ($0.18 per diluted share) and adjusted EBITDA of $18.6 million, up from $4.9 million in the same period last year. With a net dollar-based retention rate of 150%, PubMatic raised its financial outlook, projecting full-year revenue between $205 million and $209 million, a growth of 38% to 40% YoY. The company anticipates continued growth in 2022, targeting a 25% revenue increase.

PubMatic, a sell-side platform for digital advertising, has announced its participation at the KeyBanc Technology Leadership Forum on August 11, 2021, at 4:40 pm ET. The event will feature a presentation from its management team and will be available via live webcast on the company's investor relations website. Replays of the presentation will also be accessible afterwards. PubMatic, which operates globally with 14 offices and eight data centers, focuses on enhancing monetization for app developers and publishers while ensuring brand-safe environments for advertisers.

PubMatic (Nasdaq: PUBM) announced its upcoming financial results for Q2 2021 will be released after market close on August 10, 2021. The company will hold a webcast at 2:00 p.m. PT to discuss these results. As a sell-side platform, PubMatic focuses on providing superior outcomes for digital advertising, enabling app developers and publishers to enhance monetization. Since its establishment in 2006, it has expanded its global infrastructure, operating 14 offices and eight data centers.

PubMatic (Nasdaq: PUBM) announced a significant global virtual event titled Envision: What’s Next For Addressability, scheduled for July 14, 2021. The event aims to spotlight audience addressability in digital advertising and features over 120 speakers, including renowned keynote speakers such as Scott Galloway and Benedict Evans. As the advertising landscape shifts due to cookie deprecation, PubMatic emphasizes a portfolio approach to addressability, focusing on sustainable, privacy-centric solutions.

IRIS.TV and PubMatic have entered a partnership to enhance video-level targeting capabilities for media buyers. This collaboration allows access to contextually targeted connected TV (CTV) and video inventory, addressing brand safety and fraud concerns. As digital video and CTV ad spending increases, the partnership leverages IRIS.TV’s data tools to improve campaign planning and measurement. Media buyers can now utilize private marketplaces for brand-safe advertising across PubMatic’s premium inventory, ensuring effective audience targeting without compromising on security.

PubMatic, a leading sell-side platform for digital advertising, announced management participation in the Evercore ISI Inaugural TMT Conference. The event is scheduled for June 9, 2021, at 11:45 am ET. The presentation will be accessible via live webcast on PubMatic’s investor relations page. Replays will be available post-event. Established in 2006, PubMatic operates a robust global infrastructure, enabling clients to maximize revenue through programmatic innovation across various platforms.

PubMatic, Inc. (Nasdaq: PUBM) reported a strong Q1 2021, delivering revenue of $43.6 million, a 54% increase from $28.3 million in Q1 2020. Net income reached $4.9 million, or $0.09 per diluted share, up from $0.9 million, while adjusted EBITDA soared to $14.5 million from $5.1 million. The company raised its 2021 revenue outlook to $195-200 million, reflecting continued growth in digital advertising. Key growth drivers included an 83% revenue growth in mobile and video formats, processing 18.5 trillion impressions, a 106% rise year-over-year.

PubMatic (Nasdaq: PUBM) has announced a new fraud-free program to enhance advertising confidence in CTV and OTT inventory. The initiative features a money-back guarantee for demand-side partners if fraud is verified. With a 60% increase in CTV inventory volume year-over-year, this program aims to address fraud concerns that have hampered buyers' engagement with diverse channels. Additionally, CTV-related fraud schemes have surged, with a 161% increase in fraudulent impressions reported. PubMatic's program seeks to promote quality, transparency, and efficiency in programmatic bidding.

PubMatic (Nasdaq: PUBM) has announced the release of its financial results for Q1 2021, scheduled for May 13, 2021, post-market close. The company will hold a webcast at 2:00 p.m. PT to discuss these results. PubMatic emphasizes its role as a leading sell-side platform in digital advertising, aiming to enhance revenue for publishers while ensuring media buyers achieve ROI in a safe advertising environment. The platform has been expanding its global infrastructure since its inception in 2006.