earnings
confidence high
sentiment positive
materiality 0.70
PubMatic reports record Q1 revenue of $66.7M, up 20% YoY; adjusted EBITDA more than doubles to $15.1M
PubMatic, Inc.
2024-Q1 EPS reported
-$0.05
revenue$66,701,000
- Revenue $66.7M, +20% YoY; net loss $(2.5)M vs $(5.9)M loss in Q1 2023.
- Adjusted EBITDA $15.1M (23% margin) vs $7.4M (13% margin) in Q1 2023.
- Non-GAAP EPS $0.09 (diluted) vs $(0.00) in Q1 2023; net dollar-based retention 106%.
- Operating cash flow $24.3M (+90% YoY); free cash flow $16.3M (tripled); cash $174.1M, no debt.
- Repurchased 1.1M shares for $20.1M YTD through Apr 30; $95.6M remaining in buyback program.