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Sep 30, 2021
PubMatic Q3 2021 Earnings Report
Delivered record revenue, generated GAAP net income, and achieved best-in-class organic revenue growth and adjusted EBITDA margin.
Key Takeaways
PubMatic announced record revenue of $58.1 million for Q3 2021, a 54% increase year-over-year. The company reported GAAP net income of $13.5 million and an adjusted EBITDA of $24.3 million. PubMatic is raising its full year 2021 financial outlook.
Revenue in Q3 2021 was $58.1 million, a 54% increase year-over-year.
GAAP net income was $13.5 million, or $0.24 per diluted share.
Adjusted EBITDA was $24.3 million, representing a 42% margin.
Net cash provided by operating activities was $26.4 million, a 617% increase year-over-year.
PubMatic
PubMatic
Forward Guidance
For the fourth quarter 2021, we expect revenue to be in the range of $74 million to $76 million, representing growth of 32% to 35% over Q4 2020. We expect adjusted EBITDA to be in the range of $28 million to $30 million, representing approximately a 40% margin.