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Stock impact report

PubMatic outlines AI-driven platform expansion and expects Q4 revenue between $73M–$77M as CTV, emerging streams accelerate [Seeking Alpha]

PubMatic, Inc. - Class A (PUBM) 
Company Research Source: Seeking Alpha
CEO Rajeev Goel reported, "We delivered a stronger-than-expected quarter with revenue and adjusted EBITDA ahead of guidance as well as strong cash flow, demonstrating the power of our platform, the continued diversification of Quick Insights Stronger-than-expected CTV and emerging revenue growth, accelerated AI innovation, DSP partnership expansion, and operational efficiency contributed to outperformance. PubMatic uses a three-layer AI strategy (infrastructure, application, transaction) for faster bid responses, reduced timeouts, new AI-powered products, and unique agent-to-agent transactions, supported by NVIDIA partnership. Persistent lower spend from a major DSP, regional weakness in Americas, and uncertainties in holiday ad spending present ongoing risks; diversification efforts and AI-driven innovation aim to mitigate these challenges. More Trending News Show less Read more
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