AdTech and Media PRISM Index Leader PubMatic, Inc. Rises 27% On Earnings Beat

27 February 2024

New York, N.Y., February 27, 2024 - PRISM MediaWire - PRISM MarketView - Digital advertising tech company PubMatic, Inc. (PUBM) has rose ~27% after announcing record earnings after the market closed on Monday. The stock is currently trading around $21/share with 1.7M shares being traded compared to its 3-month average trading volume of 360K. The company currently leads the PRISM Emerging AdTech and Media Index.

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PubMatic, Inc. - Prism MarketView

PubMatic (Nasdaq: PUBM) is an independent technology company maximizing customer value by delivering digital advertising’s supply chain of the future. PubMati

PubMatic, Inc. specializes in providing publishers and advertisers with advanced solutions to optimize their advertising revenue and efficiency. The company offers a comprehensive platform that enables publishers to manage and monetize their digital advertising inventory across various formats and channels, including display, mobile, video, and connected TV. Through its cutting-edge technology and data-driven insights, PubMatic helps publishers maximize their yield while delivering targeted and engaging advertising experiences to audiences worldwide.

In its recent Q4 and full year 2023 earnings announcement PubMatic, exceeded Q4 revenue and adjusted EBITDA guidance, generated 81M in cash from operations for the year and expanded its share repurchase program. Next week, PubMatic will be presenting at the JMP Tech and KeyBanc Emerging Tech Conferences.

PubMatic Announces Record Fourth Quarter and Fiscal Year Ended 2023 Financial Results; Board of Directors Expands Share Repurchase Program by $100 Million

Q4 2023 revenue and adjusted EBITDA significantly exceeded guidance; Revenue growth accelerated to $84.6 million, up 14% over Q4 2022, delivered net income of $18.7 million or 22% margin, adjusted EBITDA of $38.9 million or 46% margin; Supply Path Optimization represented 45%+ of total activity in Q4 2023; Generated $81.1 million in cash from operations in 2023; Generated $52.8 million in free cash flow in 2023, a 38% increase over 2022 NO-HEADQUARTERS/REDWOOD CITY, Calif., Feb. 26, 2024 (GLOBE

PubMatic to Present at Upcoming Investor Conferences

NO-HEADQUARTERS/REDWOOD CITY, Calif., Feb. 22, 2024 (GLOBE NEWSWIRE) -- PubMatic, Inc. (Nasdaq: PUBM), an independent technology company delivering digital advertising’s supply chain of the future, today announced that members of its management team are scheduled to present at upcoming investor conferences. Detail for the events are as follows: The Citizens JMP Technology Conference Monday, March 4, 2024 at 12:00 pm PT KeyBanc Emerging Technology Summit Tuesday, March 5, 2024 at 10:30 am PT The

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