PubMatic Q2 revenue $49.7M (+88% YoY); net income $9.9M; raises 2021/22 outlook

PubMatic, Inc.

2021-Q2 EPS reported $0.26 revenue$93,266,000

Revenue $49.7M, +88% YoY from $26.4M; GAAP net income $9.9M ($0.18 diluted EPS) vs $0.7M ($0.00) prior year.
Adjusted EBITDA $18.6M, up from $4.9M in Q2 2020.
Net dollar-based retention 150% for trailing 12 months, up from 107% a year ago.
Cash and securities $122M with zero debt; management raised full-year 2021 and 2022 revenue and adjusted EBITDA guidance.

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