PubMatic Inc. (PUBM) Reports Q4, Increases Share Buyback by $100M
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PubMatic Announces Record Fourth Quarter and Fiscal Year Ended 2023 Financial Results; Board of Directors Expands Share Repurchase Program by $100 Million
February 26, 2024 4:05 PM ESTQ4 2023 revenue and adjusted EBITDA significantly exceeded guidance;
Revenue growth accelerated to $84.6 million, up 14% over Q4 2022, delivered net income of $18.7 million or 22% margin, adjusted EBITDA of $38.9 million or 46% margin;
Supply Path Optimization represented 45%+ of total activity in Q4 2023;
Generated $81.1 million in cash from operations in 2023; Generated $52.8 million in free cash flow in 2023, a 38% increase over 2022
NO-HEADQUARTERS/REDWOOD CITY, Calif., Feb. 26, 2024 (GLOBE NEWSWIRE) -- PubMatic, Inc. (Nasdaq: PUBM), an independent technology company delivering digital advertisings supply chain of the future,... More
