PubMatic reported a 20% increase in revenue year-over-year for Q1 2024, with confidence in growth driven by sell-side platform efficiency and CTV expansion.
PubMatic's adjusted EBITDA margin was 23%, generating over $16 million in free cash flow, indicative of a strong start to the year.
The company raised its full-year revenue guidance, anticipating a 12% growth at the midpoint, showcasing positive outlook despite potential DSP auction methodology changes.
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