secwatch.observer — SEC 8-K summary
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Issuer:     PubMatic, Inc. (PUBM)
CIK:        0001422930
Form:       8-K
Filed at:   2023-02-28T23:59:59+00:00
Accession:  0001422930-23-000006
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PubMatic reports FY2022 revenue up 13% to $256.4M; GAAP EPS $0.50 vs $1.00; board authorizes $75M buyback
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- Full year 2022 revenue $256.4M (+13% YoY); GAAP net income $28.7M ($0.50 diluted EPS) vs $56.6M ($1.00) in 2021.
- Q4 revenue $74.3M, down 2% from $75.6M; GAAP net income $12.8M ($0.22) vs $28.2M ($0.50).
- Adjusted EBITDA $98.0M (38% margin) vs $96.3M (42% margin); non-GAAP EPS $0.92 vs $1.14.
- Omnichannel video revenue grew 42% in 2022; Supply Path Optimization represented 30%+ of total activity.
- Board authorized $75M share repurchase program through Dec 2024; ended 2022 with $174.4M cash and no debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1422930/000142293023000006/0001422930-23-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1422930/000142293023000006/pubm-20230227.htm
  HTML page:      https://secwatch.observer/filing/0001422930-23-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer