PubMatic, Inc. Provides Earnings Guidance for the Second Quarter and Fiscal Year 2022
May 09, 2022 at 04:05 pm EDT
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PubMatic, Inc. provided earnings guidance for the second quarter and fiscal year 2022. For the second quarter 2022, the company expects revenue to grow 20% to 25% year over year in the range of $60 million to $62 million.
For fiscal year 2022, based on anticipated supply path optimization activity, CTV growth and political spend in the second half, the company maintaining prior guidance. The company expects revenue to be in the range of $282 million to $286 million, representing year-over-year growth of 25% 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.
PUBMATIC, INC. 
