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Investing.com - Pubmatic reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Pubmatic announced earnings per share of $0.22 on revenue of $64.5M. Analysts polled by Investing.com EPS of $0.13 on revenue of $66.97M.
Pubmatic 's are down 35% and is trading at $14.76 , still down 63.00% from its 52 week high of $43.65 set on Tuesday, November 30, 2021.
Pubmatic follows other major Communication Services sector earnings this month
Pubmatic 's report follows an earnings missed by Alphabet C on Tuesday, October 25, 2022, who reported EPS of $1.06 on revenue of $69.09B, EPS of $1.28 on revenue of $71.34B.
Meta Platforms had missed expectations on Wednesday, October 26, 2022 with third quarter EPS of $1.64 on revenue of $27.71B, for EPS of $1.93 on revenue of $27.57B.
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