Switch To First-Price Auctions Takes A Bite Out Of PubMatic's Desktop Display Biz | AdExchanger
Briefly

PubMatic revised its full-year revenue down by $10 million due to a major DSP partner switching to first-price auctions, affecting key verticals like tech, automotive, travel, and entertainment.
Revenue growth for the quarter was 6% YOY, lagging behind Magnite at 9%. PubMatic's growth would have been 10% if not for the DSP's switch to first-price auctions.
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