PubMatic's stock has struggled in recent months, primarily due to a change in bidding logic by a large DSP. Outside of this, PubMatic continues to have success in areas like CTV, commerce media, and supply path optimization. PubMatic's low valuation and ability to return capital to shareholders should see its stock rebound when growth and margins recover.
PubMatic (PUBM -2.30%) held its fourth-quarter and full-year 2024 earnings call on February 27, 2025. The advertising technology company delivered 9% revenue growth for the full year despite headwinds from a major demand-side platform (DSP) partner that changed its bidding approach.
PubMatic (PUBM -23.91%) stock got hit with big sell-offs in Friday's trading. The advertising-technologies company's share price closed out the daily session down 23.9%.
PubMatic, Inc. (NASDAQ:PUBM ) Q4 2024 Earnings Conference Call February 27, 2025 4:30 PM ET Company Participants Stacie Bosinoff - IR, The Blueshirt Group Rajeev Goel - Co-Founder and Chief Executive Officer Steve Pantelick - Chief Financial Officer Conference Call Participants James Heaney - Jefferies Robert Coolbrith - Evercore ISI Zach Cummins - B. Riley Andrew Boone - JMP Jason Helfstein - Oppenheimer Matthew Swanson - RBC Capital Markets Kenneth Wu - Wolfe Research, LLC Mauricio Munoz - Raymond James Eric Martinuzzi - Lake Street Capital Operator Hello, everyone, and welcome to PubMatic's Fourth Quarter and Full Year 2024 Earnings Call.
PubMatic, Inc. (PUBM) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.34 per share a year ago.
PubMatic (PUBM -2.92%), a key player in the digital advertising technology space, recently released its earnings for Q4 2024 on February 27, 2025. The company reported a Non-GAAP EPS of $0.41, which exceeded analyst expectations of $0.23.
PubMatic's Next Act: A Likely Value Play In Ad Tech
Shares have underperformed several of its AdTech peers this year, reflecting some headwinds that the underlying business has been facing. I expect strong growth next year, led by the company's multiple growth drivers and new customer wins, as the headwinds seen this year diminish. I also anticipate margin improvement of at least 100 basis points given the operating leverage in the business.
The average of price targets set by Wall Street analysts indicates a potential upside of 27.5% in PubMatic (PUBM). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Rajeev Goel, CEO of PubMatic (PUBM), talks about how his company has adjusted to an evolving digital advertising space. According to Rajeev, ad dollars are still catching up, but the company beat on an "outstanding" quarter thanks to election advertising.
PubMatic, Inc. (NASDAQ:PUBM ) Q3 2024 Earnings Conference Call November 12, 2024 4:30 PM ET Company Participants Stacie Bosinoff - Investor Relations, The Blueshirt Group Rajeev Goel - Co-Founder and Chief Executive Officer Steven Pantelick - Chief Financial Officer Conference Call Participants Shweta Khajuria - Wolfe Research, LLC Matthew Swanson - RBC Capital Markets James Heaney - Jefferies Ian Peterson - Evercore ISI Tim Nollen - Macquarie Brianna Diaz - JMP Securities LLC Operator Well, hello, everyone, and welcome to PubMatic's Third Quarter 2024 Earnings Call. My name is Kelsey, and I will be your Zoom operator today.
PubMatic, Inc. (PUBM) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.03 per share a year ago.