secwatch.observer — SEC 8-K summary
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Issuer:     PubMatic, Inc. (PUBM)
CIK:        0001422930
Form:       8-K
Filed at:   2023-11-08T23:59:59+00:00
Accession:  0001422930-23-000056
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PubMatic Q3 revenue and adjusted EBITDA beat guidance; SPO reaches 45%
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- Revenue $63.7M (down 1% YoY), GAAP net income $1.8M ($0.03 EPS), exceeded guidance.
- Adjusted EBITDA $18.2M (29% margin) vs $25.1M (39%) YoY; Non-GAAP EPS $0.14.
- Supply Path Optimization activity rose to 45% of total, up from prior quarters.
- CTV revenue down 3% YoY but up 5% sequentially; net dollar retention 97%.
- Cash from ops $23.8M; free cash flow $17.2M; $46.6M used for share buybacks YTD.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1422930/000142293023000056/0001422930-23-000056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1422930/000142293023000056/pubm-20231108.htm
  HTML page:      https://secwatch.observer/filing/0001422930-23-000056

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