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

PubMatic

08/08/2022 23:05

* PubMatic Inc  PUBM.OQ  reported quarterly adjusted
earnings of
14 cents​​ per share for the quarter ended in June. The mean
expectation of nine analysts for the quarter was for earnings of
8 cents per share.
    * Revenue rose 26.9% to $63.03 million from a year ago;
analysts
expected $60.78 million. 
    * PubMatic Inc's reported EPS for the quarter was 14 cents​.
    * The mean earnings estimate of analysts had risen by
about 15.4%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * PubMatic Inc shares had risen by 9.7% this quarter and
lost 48.8% so far this year.
    * The company reported quarterly net income of $7.82
million.
    * Wall Street's median 12-month price target for PubMatic
Inc is
$26.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 8
at 10:05 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.08           0.14           Beat
 Mar. 31 2022      0.05           0.08           Beat
 Dec. 31 2021      0.27           0.42           Beat
 Sep. 30 2021      0.09           0.24           Beat