Hi Guys,
Pubm is a recent IPO digital advertising platform which has jumped 30% due to amazing earnings beat and growth acceleration. The company’s gross profit is in the 70% range which is good.
PubMatic (NASDAQ:PUBM): Q4 GAAP EPS of $0.34 beats by $0.02.
Revenue of $56.24M (+63.5% Y/Y) beats by $8.67M.
Digital advertising is a huge market with a big potential. I will open a small observing position today.