Welcome to our dedicated page for Pubmatic news (Ticker: PUBM), a resource for investors and traders seeking the latest updates and insights on Pubmatic stock.
PubMatic, Inc. (NASDAQ: PUBM) delivers cutting-edge supply-side platform solutions for digital publishers worldwide. This news hub provides investors and industry professionals with essential updates on PUBM's strategic initiatives, financial performance, and technological advancements in programmatic advertising.
Key resources include: Earnings reports, product launch details, partnership announcements, and market expansion updates. Our curated feed ensures you never miss critical developments affecting PUBM's position in the $600B digital ad sector.
Explore comprehensive coverage of: Real-time bidding innovations, CTV/OTT platform growth, privacy-compliant targeting solutions, and global inventory monetization strategies. All content is verified through primary sources to maintain accuracy.
Bookmark this page for streamlined access to PUBM's evolving role in shaping programmatic advertising infrastructure across mobile, display, and emerging digital channels.
PubMatic, Inc. announced record financial results for Q1 2024, exceeding revenue and adjusted EBITDA guidance. Revenue grew 20% year-over-year to $66.7 million, with a net loss of $(2.5) million. Adjusted EBITDA was $15.1 million, more than double from Q1 2023. Supply Path Optimization represented 50% of total activity. Cash from operating activities was $24.3 million, tripled from Q1 2023. The company has $174.1 million in cash and no debt. Key highlights include revenue growth across all formats and channels, partnerships with Instacart and Klarna, and operational priorities for 2024 include investments for growth.
PubMatic, an independent technology company, partners with Klarna, an AI-powered global payments network and shopping assistant. The partnership will allow PubMatic's advertisers to reach Klarna's high-intent global audience of 150 million shoppers directly at the point of purchase. Advertisers can access high-intent audiences to drive enhanced campaign ROI, with click-through rates three times higher than the industry average. The integration will initially be available in the US, with expansion to European markets to follow quickly thereafter.
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