PubMatic Q3 2023 Earnings Report

PubMatic EPS Results

• Actual EPS: $0.03
• Consensus EPS: -$0.08
• Beat/Miss: Beat by +$0.11
• One Year Ago EPS: $0.22

PubMatic Revenue Results

• Actual Revenue: $63.68 million
• Expected Revenue: $59.46 million
• Beat/Miss: Beat by +$4.22 million
• YoY Revenue Growth: -1.30%

PubMatic Announcement Details

• Quarter: Q3 2023
• Date: 11/8/2023
• Time: After Market Closes

PubMatic (NASDAQ:PUBM), a technology company, engages in the provision of a cloud infrastructure platform that enables real-time programmatic advertising transactions for digital content creators, advertisers, agencies, agency trading desks, and demand side platforms worldwide. Its PubMatic SSP, a sell-side platform, used for the purchase and sale of digital advertising inventory for publishers and buyers. The company also provides solutions, including OpenWrap, a header bidding solution; Openwrap OTT, a prebid-powered unified bidding solution; Openwrap SDK, an enterprise-grade management tools and analytics; Connect, a solution that provides additional data and insights to publishers and buyers; Activate, which allows buyers to execute direct deals on its platform across publisher inventory; Convert, a commerce media solution; and Identity Hub, an ID management tool for publishers that leverages specialized technology?infrastructure?to simplify the complex alternative identifier marketplace. Its platform supports an array of ad formats and digital device types, including mobile app, mobile web, desktop, display, video, over-the-top (OTT), connected television, and media. The company was incorporated in 2006 and is based in Redwood City, California.