secwatch.observer — SEC 8-K summary
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Issuer:     PubMatic, Inc. (PUBM)
CIK:        0001422930
Form:       8-K
Filed at:   2024-02-26T23:59:59+00:00
Accession:  0001422930-24-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PubMatic Q4 revenue $84.6M (+14% YoY), Adj. EBITDA $38.9M (46% margin); $100M buyback boost
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- Q4 revenue $84.6M, up 14% YoY; GAAP net income $18.7M ($0.34 diluted EPS); non-GAAP net income $24.4M ($0.45 diluted EPS).
- FY2023 revenue $267.0M, up 4% YoY; GAAP net income $8.9M; adjusted EBITDA $75.3M (28% margin); free cash flow $52.8M, up 38%.
- Board increased share repurchase authorization by $100M; total available ~$108.2M through Dec 31, 2025.
- Supply Path Optimization represented over 45% of total activity in Q4 2023.
- Ended 2023 with $175.3M cash and marketable securities, no debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1422930/000142293024000004/0001422930-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1422930/000142293024000004/pubm-20240226.htm
  HTML page:      https://secwatch.observer/filing/0001422930-24-000004

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