PubMatic Inc. (PUBM) Tops Q2 EPS by 19c, provides guidance

PubMatic Inc. (NASDAQ: PUBM) reported Q2 EPS of $0.17, $0.19 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $67.3 million versus the consensus estimate of $70.08 million.

GUIDANCE:

PubMatic Inc. sees Q3 2024 revenue of $65-67 million, versus the consensus of $69.031 million.

Adjusted EBITDA to be in the range of $15 million to $17 million, representing approximately a 24% margin at the midpoint.

For the full year 2024:

Year-over-year revenue to be between $288 million and $292 million, representing approximately 9% growth at the midpoint, versus the consensus of $300.3 million.
Adjusted EBITDA to be in the range of $87 million to $91 million, representing approximately 31% margin at the midpoint.
CapEx to be approximately $16 to $18 million

For earnings history and earnings-related data on PubMatic Inc. (PUBM) click here.

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