PubMatic stock plummeted 23.9% after missing Q4 expectations with predicted sales decline.

From Nasdaq: 2025-02-28 18:58:59

PubMatic (NASDAQ: PUBM) stock experienced a significant sell-off, closing down 23.9% in Friday’s trading session. While the S&P 500 and Nasdaq Composite saw gains, PubMatic’s Q4 results revealed non-GAAP earnings per share of $0.41 on sales of $85.5 million, missing Wall Street’s expectations. The company’s forward guidance predicts a 7% year-over-year sales decline for the current quarter, raising concerns about its competitive position in the ad tech market. Investors are advised to closely monitor PubMatic’s performance and outlook for potential investment opportunities.



Read more at Nasdaq: Why PubMatic Stock Plummeted Today