PubMatic: Display Spending Was Down In Q3, But CTV Keeps On Growing | AdExchanger
Briefly

PubMatic's total Q3 revenue grew 11% to $64.5 million despite an industry-wide downturn, but the company doesn't have high hopes for the rest of the year.PubMatic told investors on Tuesday it expects that ad spend will continue to trend down in Q4 and that ad spending from advertisers in the shopping category is already looking flat YoY, while other categories, such as personal finance, are down 50% YoY, said CFO Steve Pantelick.
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