PubMatic's Q3 Success: AI & CTV Driving Growth
Update: 2025-11-17
Description
PubMatics Q3 results surpassed expectations, with revenue of nearly $68 million and adjusted earnings per share of three cents. The companys success is attributed to rapid growth in connected TV, AI solutions, and diverse revenue streams. Connected TV revenue grew by over 50% year over year, driven by premium content, new agency marketplaces, and smaller advertiser participation. AI played a crucial role in optimizing ad placements and maintaining profit margins. During the earnings call, analysts asked about the impact of demand-side platforms, AI-driven search, and NVIDIA partnership. PubMatic plans to focus on AI product adoption, connected TV growth, and diversifying advertising relationships for future growth.
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