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PubMatic Q2 Revenue Rises 10.5% to $78.59 Million, Beats Estimates

PubMatic said second-quarter revenue increased 10.5% year over year to $78.59 million, 13.7% above analyst expectations. Its upcoming-quarter revenue and EBITDA guidance also exceeded analyst consensus.

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PubMatic's second-quarter revenue reached $78.59 million, up 10.5% from a year earlier and 13.7% above analyst expectations. For the upcoming quarter, the company forecast revenue and EBITDA above analyst consensus estimates. Its shares rose after the results were announced.