PubMatic, Inc. Provides Earnings Guidance for the Third Quarter and Full Year of 2022
August 08, 2022 at 04:07 pm EDT
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PubMatic, Inc. provided earnings guidance for the third quarter and full year of 2022. For the third quarter 2022, the company expects revenue of between $66 million to $68 million or 15% at the midpoint for year over year growth. The company expects adjusted EBITDA to be in the range of $23 million to $25 million, representing approximately a 36% margin at the midpoint.
For fiscal year 2022, the company expects revenue to be in the range of $277 million to $281 million, representing year-over-year growth of 23% at the midpoint. As a result of the company's growing global scale and increasing favorable revenue mix towards high margin video formats combined with the cost optimization plans in place, the company increasing the company's full year Adjusted EBITDA to be in the range of $103 million to $108 million, or 38% margin 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. 
