PubMatic: Q3 Earnings Insights - PubMatic (NASDAQ:PUBM)

PubMatic PUBM reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

PubMatic beat estimated earnings by 380.0%, reporting an EPS of $0.14 versus an estimate of $-0.05.

Revenue was down $823 thousand from the same period last year.

Last quarter the company beat on EPS by $0.08 which was followed by a 33.73% drop in the share price the next day.

Here's a look at PubMatic's past performance:

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	-0.06	-0.22	0.26	0.13
EPS Actual	0.02	0.02	0.33	0.22
Revenue Estimate	59.89M	50.92M	76.71M	66.99M
Revenue Actual	63.33M	55.41M	74.30M	64.50M

To track all earnings releases for PubMatic visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.