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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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Adverty (PUBM) extends partnership with PubMatic to revolutionize in-game advertising, leveraging PubMatic's extensive reach and robust infrastructure to empower global expansion and offer advertisers more precise and personalized in-game advertising experiences.
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PubMatic, Inc. (Nasdaq: PUBM) appoints Ramon Jones, Executive Vice President and Chief Marketing Officer of Nationwide Mutual Insurance Company, to its Board of Directors. With over three decades of marketing and business operations leadership, Jones brings valuable expertise to PubMatic. His appointment is expected to contribute to the company's success and its innovative approach to digital advertising.
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PubMatic (NASDAQ: PUBM) appoints Franck Lewkowicz as Country Manager, France, to lead the commercial teams and drive omnichannel performance. With over 20 years' experience in media and advertising, Franck aims to expand PubMatic's offerings and achieve growth goals in the region.
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PubMatic, Inc. (Nasdaq: PUBM) announced that its management team will participate in upcoming investor conferences, including the Raymond James TMT and Consumer Conference in New York City on December 5, 2023, with a webcast available, and the Wolfe Research 1st Annual Small and Mid-Cap Conference in New York City on December 6, 2023.
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PubMatic (Nasdaq: PUBM) reported Q3 2023 financial results, with revenue of $63.7 million, net income of $1.8 million, and adjusted EBITDA of $18.2 million. Supply Path Optimization accelerated to 45% of total activity. Revenue from Connected TV grew 5% sequentially. Non-GAAP net income was $7.6 million. The company also repurchased 3.3 million shares of Class A common stock.
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PubMatic announces a groundbreaking data collaboration with Experian, becoming the first sell-side technology provider of Experian marketing data in the US and UK. This collaboration will provide clients with unique household-level commerce media targeting capabilities. Advertisers can take advantage of Experian's consumer data and audience insights across all of PubMatic's premium omnichannel inventory. The collaboration revolutionizes data-driven marketing strategies and offers unprecedented competitive advantages to customers.
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Brightcove Inc. (Nasdaq: BCOV) announced its financial results for Q3 2023, reporting a decrease in revenue by 5% to $51.0 million compared to Q3 2022. The company's gross profit was $31.7 million, representing a gross margin of 62%. Adjusted EBITDA was $5.5 million, an increase of 12% compared to Q3 2022. Cash flow provided by operations was $2.1 million, and free cash flow was negative $2.2 million. Brightcove had 2,618 customers, of which 2,077 were premium, and the 12-month backlog was $121.1 million, a 6% increase year-over-year.
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PubMatic to release Q3 2023 financial results and host earnings webcast
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PubMatic announces the availability of its end-to-end supply path optimization (SPO) solution, Activate, in the Asia-Pacific region. The solution allows buyers to execute non-bidded direct deals on PubMatic's programmatic platform, accessing premium video and CTV inventory at scale. Activate has gained traction globally and is being launched in the Asia-Pacific region with partners including dentsu APAC, iQIYI, KINESSO India, Madison Digital, and Wishmedia. Non-programmatic insertion orders are expected to account for almost 60% of CTV and 18% of online video transactions by the end of 2023, representing a significant market expansion for PubMatic.
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Retailers see potential for growth in commerce media revenue, with hopes to double current revenue to reach 4.37%. Over 96% of retailers report that their commerce media programs meet or exceed ROI expectations. However, current solutions lack scale, positive buying experiences, and measurement abilities. Retailers are planning to change technology vendors to enhance capabilities. Outsourcing technology and investing in strategic deployment are key to success in commerce media programs.
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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