PubMatic Q4 Earnings: Revenue, EPS Beat Expectations, Strong Guidance, Buyback Authorized

PubMatic, Inc (NASDAQ:PUBM) shares are trading higher in Monday’s after-hours session after the company reported better-than-expected financial results.

Q4 Revenue: $84.6 million, beat estimates of $78.2 million

Q4 EPS: 45 cents, beat estimates of 20 cents

Total revenues were up 14% year-over-year. Net cash provided by operating activities totaled $28.7 million, up 48% year-over-year. Active publishers on the PubMatic platform grew 9% compared to 2022.

“We ended 2023 on an incredibly high note, marking an inflection point in revenue growth as we accelerated to 14% year-over-year growth and strong …

Full story available on Benzinga.com