secwatch.observer — SEC 8-K summary
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Issuer:     PubMatic, Inc. (PUBM)
CIK:        0001422930
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001422930-23-000036
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PubMatic Q2 revenue $63.3M ahead of guidance; GAAP net loss $5.7M; CTV up 30% YoY
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- Revenue $63.3M, ahead of guidance; CTV revenue grew over 30% YoY.
- GAAP net loss $(0.11)/share vs net income $0.14/share year ago; adjusted EBITDA $12.0M (19% margin) vs $23.0M (37%).
- Incremental bad debt expense ~$5.7M from demand-side platform buyer bankruptcy.
- Cash from operations $15.8M; free cash flow $10.8M; total cash $170.9M with no debt.
- Repurchased 1.8M shares for $27.5M; $47.5M remaining in buyback program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1422930/000142293023000036/0001422930-23-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1422930/000142293023000036/pubm-20230808.htm
  HTML page:      https://secwatch.observer/filing/0001422930-23-000036

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