PubMatic Inc reports results for the quarter ended in December - Earnings Summary

PubMatic

01/03/2023 03:01

* PubMatic Inc  PUBM.OQ  reported quarterly adjusted
earnings of
22 cents​​ per share for the quarter ended in December. The mean
expectation of nine analysts for the quarter was for earnings of
26 cents per share.
    * Revenue fell 1.7% to $74.30 million from a year ago;
analysts
expected $76.71 million. 
    * PubMatic Inc's reported EPS for the quarter was 22 cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.9%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * PubMatic Inc shares had risen by 18.4% this quarter.
    * The company reported quarterly net income of $12.78
million.
    * Wall Street's median 12-month price target for PubMatic
Inc is
$19.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data March 1
at 03:01 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.26           0.22           Missed
 Sep. 30 2022      0.13           0.22           Beat
 Jun. 30 2022      0.08           0.14           Beat
 Mar. 31 2022      0.05           0.08           Beat