PubMatic, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2022
November 08, 2022 at 04:05 pm EST
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PubMatic, Inc. provided earnings guidance for the fourth quarter and full year of 2022. For the fourth quarter of 2022, The company expects revenue of between $75 million to $78 million or 1% at the midpoint for year over year growth.
For fiscal year 2022, The company expects revenue to be in the range of $257 million to $260 million, representing year-over-year growth of 14% at the midpoint.
PubMatic, Inc. (PubMatic) is a technology company, which provides a cloud infrastructure platform that enables real-time programmatic advertising transactions. The Company's sell-side platform enables digital content creators across the open Internet to control access to their inventory and increase monetization by enabling marketers to drive return on investment and reach addressable audiences across ad formats and devices. The Companyâs cloud infrastructure platform provides monetization for publishers by providing demand through its relationships with buyers. PubMatic's cloud infrastructure is designed for the efficient processing of real-time, programmatic ad transactions and the aggregation and analysis of the significant data accompanying each transaction. The Company's omnichannel platform supports a range of ad formats and digital device types, including mobile apps, mobile Web, desktops, displays, video, over-the-top (OTT), connected television (CTV), and rich media.