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

PubMatic

08/08/2023 23:32

* PubMatic Inc  PUBM.OQ  reported a quarterly adjusted loss
of 11
cents​​ per share for the quarter ended in June. The mean
expectation of ten analysts for the quarter was for a loss of 6
cents per share.
    * Revenue rose 0.5% to $63.33 million from a year ago;
analysts
expected $59.89 million. 
    * PubMatic Inc's reported EPS for the quarter was a loss
of 11
cents​.
    * The mean earnings estimate of analysts had risen by
about 39% in
the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * PubMatic Inc shares had risen by 5.1% this quarter and
gained 50.0% so far this year.
    * The company reported a quarterly loss of $5.72 million.
    * Wall Street's median 12-month price target for PubMatic
Inc is
$21.00 
    * 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 LSEG Refinitiv data
August 8 at 10:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.06          -0.11          Missed
 Mar. 31 2023      -0.22          -0.11          Beat
 Dec. 31 2022      0.26           0.22           Missed
                   0.13           0.22           Beat