earnings
confidence high
sentiment neutral
materiality 0.75
PubMatic Q1 revenue $55.4M beats guidance; GAAP net loss $5.9M versus year-ago profit
PubMatic, Inc.
2023-Q1 EPS reported
-$0.11
revenue$55,407,000
- Revenue $55.4M (+2% YoY), above guidance; net dollar-based retention 105% (down from 140%).
- GAAP net loss $5.9M ($0.11 loss per share) vs income $4.8M ($0.08) a year ago.
- Adjusted EBITDA $8.4M (15% margin) down from $17.0M (31% margin) in Q1 2022.
- Omnichannel video revenue +13% YoY; Supply Path Optimization reached >35% of activity.
- Cash from ops $12.8M; $173.2M cash, no debt; repurchased $15.4M in stock through April.