Recap: PubMatic Q4 Earnings
Portfolio Pulse from Benzinga Insights
PubMatic (NASDAQ:PUBM) reported Q4 earnings with an EPS of $0.45, beating estimates by 125% and showing a revenue increase of $10.3M from the previous year. This follows a pattern of beating EPS estimates in previous quarters, with a notable 24% share price increase after last quarter's earnings beat.
February 26, 2024 | 9:30 pm
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PubMatic reported a significant beat on Q4 earnings with an EPS of $0.45 against estimates of $0.2 and a revenue increase of $10.3M from last year, continuing its trend of surpassing earnings expectations.
Given PubMatic's history of beating earnings estimates and the significant beat this quarter, it's likely that investor confidence will increase, potentially leading to a short-term uptick in stock price. This is supported by the 24% share price increase following last quarter's earnings beat.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100