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

PubMatic

10/05/2023 01:04

* PubMatic Inc  PUBM.OQ  reported a quarterly adjusted loss
of 11
cents​​ per share for the quarter ended in March. The mean
expectation of nine analysts for the quarter was for a loss
of 22 cents per share.
    * Revenue rose 1.6% to $55.41 million from a year ago;
analysts
expected $50.92 million. 
    * PubMatic Inc's reported EPS for the quarter was a loss
of 11
cents​.
    * The mean earnings estimate of analysts had fallen by
about 247.4% in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * PubMatic Inc shares had fallen by 9.1% this quarter and
lost 2.0% so far this year.
    * The company reported a quarterly loss of $5.87 million.
    * Wall Street's median 12-month price target for PubMatic
Inc is
$17.50 
    * 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 LSEG Refinitiv data May
10 at 12:04 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.22          -0.11          Beat
 Dec. 31 2022      0.26           0.22           Missed
 Sep. 30 2022      0.13           0.22           Beat
 Jun. 30 2022      0.08           0.14           Beat