secwatch.observer — SEC 8-K summary
======================================

Issuer:     PubMatic, Inc. (PUBM)
CIK:        0001422930
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001422930-25-000023
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PubMatic Q1 revenue $63.8M, net loss $9.5M; board expands buyback by $100M
--------------------------------------------------------------------------

- GAAP net loss of $9.5M ($0.20 per diluted share) vs loss of $2.5M in Q1 2024.
- Revenue $63.8M, down 4% YoY from $66.7M; adjusted EBITDA $8.5M (13% margin) vs $15.1M (23%).
- Omnichannel video revenue (including CTV) up 20% YoY, 40% of total; CTV revenue grew >50%.
- Board authorized $100M expansion of share repurchase program, total authority ~$130.8M through Dec 2026.
- Net dollar-based retention was 102% for trailing twelve months, down from 106% a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1422930/000142293025000023/0001422930-25-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1422930/000142293025000023/pubm-20250507.htm
  HTML page:      https://secwatch.observer/filing/0001422930-25-000023

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