PubMatic Reports Q2 Earnings and Guidance Beat

PubMatic reported second-quarter revenue of $78.59 million, a 10.5% increase year-over-year, exceeding analyst expectations by 13.7%. The company provided forward guidance for the next quarter, with revenue and EBITDA projections also surpassing analyst consensus estimates. Following the earnings announcement, PubMatic's stock price experienced a positive response.