 | Your browser does not display parts of our website correctly. We use the latest technology available to provide you with a high quality experience; please upgrade your browser to its latest version to view the contents properly: |
PubMatic, Inc. (PUBM) provides a cloud infrastructure platform that enables real-time programmatic advertising transactions worldwide.
The company's solutions include PubMatic Cloud which offers a customizable platform as a service to deliver a proprietary solution; openwrap and openwrap OTT, the Prebid-powered header bidding solution; openwrap SDK, which is an in-app header bidding technology; and media buyer console.
It also provides RTB advertising technologies; digital advertising inventory; and real time creative scanning for ads.
Furthermore, the company offers audience encore for audience data transaction; and cross-platform video for multi-integration support for video bidding.
Its platform supports an array of ad formats and digital device types, including mobile app, mobile web, desktop, display, video, over-the-top, connected television, and media.
PubMatic, Inc. reported Quarter December 2020 earnings of $0.34 per share on revenue of $56.2 million. The consensus earnings estimate was $0.31 per share on revenue of $47.4 million.
The company said it expects first quarter revenue of $38.0 million to $40.0 million and revenue of $180.0 million to $185.0 million. The current consensus revenue estimate is $33.68 million for the quarter ending March 31, 2021 and revenue of $167.76 million for the year ending December 31, 2021.
This stock should see an increase in share prices after a strong earnings report.
Entry Point: $67.50
Trading Range: $22.42 - $76.96
Stop Loss: $64.15
Target Price: $74.25
