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 anticipated EPS of $0.13 on revenue of $66.97M.
Pubmatic shares are down 35% from the beginning of the year, still down 63.00% from its 52 week high of $43.65 set on November 30, 2021.
Pubmatic follows other major Communication Services sector earnings this month
Pubmatic 's report follows an earnings missed by Alphabet C on October 25, who reported EPS of $1.06 on revenue of $69.09B, compared to forecasts EPS of $1.28 on revenue of $71.34B.
Meta Platforms had missed expectations on October 26 with third quarter EPS of $1.64 on revenue of $27.71B, compared to forecast for EPS of $1.93 on revenue of $27.57B.
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