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PubMatic, Inc. - PUBM STOCK NEWS

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) is a leading marketing automation software company that specializes in serving premium publishers. Headquartered in Redwood City, California, PubMatic empowers publishers to maximize their revenue through real-time analytics, yield management, and workflow automation.

With a focus on providing flexibility in audience discovery and media planning, PubMatic's platform offers a single view into advertiser relationships across all screens, channels, and formats. This makes it easier for publishers to make informed inventory decisions and improve their revenue performance.

PubMatic has achieved significant milestones, including being ranked by Deloitte as one of the fastest-growing companies in the U.S. for four consecutive years up to 2015. The company operates globally with offices in various locations, ensuring comprehensive support and service to its clients worldwide.

In recent developments, PubMatic has expanded its product offerings by launching innovative tools like Activate and Convert. These products help publishers and advertisers navigate the complex and fragmented digital advertising landscape. The company has also reinforced its engineering and sales teams, aiming to boost technological innovation and client relationships.

PubMatic's partnerships with industry giants like Instacart and Roblox reflect its commitment to providing scalable, privacy-compliant solutions in digital advertising. By leveraging first-party data and machine learning AI technology, PubMatic ensures robust user privacy while driving measurable advertising outcomes.

Financially, PubMatic stands out for its strong profitability, high margins, zero debt, and significant free cash flow. The company reported a record revenue of $267 million in 2023 and plans to continue investing in growth initiatives to enhance its market presence and customer value.

Overall, PubMatic is a pivotal player in the digital advertising ecosystem, helping publishers and advertisers achieve their business objectives through innovative, transparent, and efficient solutions.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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PubMatic (Nasdaq: PUBM) has announced significant enhancements to its OpenWrap header bidding solution, now utilized by over 200 publishers globally. The upgrades include sophisticated customization and A/B testing tools aimed at improving programmatic yield and audience addressability. Available in over 30 markets, OpenWrap allows publishers to optimize their setups, focusing on identity resolution, timeout rates, and performance metrics. Recent capabilities include managing various identity providers, enabling publishers to enhance monetization strategies effectively.

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PubMatic has entered a global partnership with GroupM, enhancing transparency and efficiency in digital advertising. This alliance allows GroupM to access brand-safe inventory across various platforms, optimizing programmatic advertising. PubMatic's publisher partners will benefit from increased ad spend from GroupM’s advertisers. The partnership emphasizes a commitment to innovation and ROI through strategic supply-side collaborations, especially in the growing mobile app market. Advertisers will also utilize PubMatic’s identity solutions to enhance targeting and addressability across channels.

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PubMatic reported a record revenue of $56.2 million for Q4 2020, marking a 64% year-over-year growth, driven by strong performance in mobile and OTT advertising. Net income soared to $18.8 million, or $0.34 per diluted share, up from $4.1 million the previous year. Adjusted EBITDA surged 190% to $26.9 million. For the full year, revenue reached $148.7 million, a 31% increase. The company projects Q1 2021 revenue between $38.0 million and $40.0 million, predicting 21% to 24% growth over 2020.

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FAQ

What is the current stock price of PubMatic (PUBM)?

The current stock price of PubMatic (PUBM) is $15.44 as of December 20, 2024.

What is the market cap of PubMatic (PUBM)?

The market cap of PubMatic (PUBM) is approximately 738.0M.

What does PubMatic, Inc. do?

PubMatic is a marketing automation software company that enables publishers to maximize their revenue through real-time analytics, yield management, and workflow automation.

Where is PubMatic headquartered?

PubMatic is headquartered in Redwood City, California, and has offices worldwide.

What are some recent achievements of PubMatic?

PubMatic has expanded its product offerings with tools like Activate and Convert, and reported a record revenue of $267 million in 2023.

How does PubMatic ensure user privacy?

PubMatic uses machine learning AI technology and first-party data to create privacy-compliant audience segments, eliminating the need for third-party cookies.

Who are some of PubMatic’s key partners?

PubMatic has partnered with major industry players like Instacart and Roblox to provide scalable and efficient advertising solutions.

What is PubMatic's financial condition?

PubMatic is known for its strong profitability, high margins, zero debt, and significant free cash flow.

What unique solutions does PubMatic offer?

PubMatic offers solutions like real-time analytics, yield management, workflow automation, and privacy-compliant audience segments.

How does PubMatic help publishers?

PubMatic enables publishers to make smarter inventory decisions and improve revenue performance through its comprehensive platform.

What are PubMatic's plans for future growth?

PubMatic plans to reinvest in its engineering and sales teams to bolster technological innovation and expand market reach.

How does PubMatic generate revenue?

PubMatic generates revenue by taking a piece of the ad sales it enables, primarily serving the needs of premium publishers and advertisers.

PubMatic, Inc.

Nasdaq:PUBM

PUBM Rankings

PUBM Stock Data

738.00M
38.97M
1.2%
63.18%
2.7%
Software - Application
Services-computer Programming, Data Processing, Etc.
Link
United States of America
REDWOOD CITY