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Dan Salmon
  • Dan Salmon

Tariff Impact Part III: The other shoe drops – lower company estimates...

Yesterday, we lowered estimates for eCommerce and digital ad spending HERE. In this report, the other shoe drops and we lower estimates and targets across our coverage.

 PRESS RELEASE

PubMatic to Announce First Quarter 2025 Financial Results on May 8, 20...

PubMatic to Announce First Quarter 2025 Financial Results on May 8, 2025  NO-HEADQUARTERS/REDWOOD CITY, Calif., April 17, 2025 (GLOBE NEWSWIRE) -- PubMatic, Inc. (Nasdaq: PUBM), an independent technology company delivering digital advertising’s supply chain of the future, today announced that it will release its financial results for the first quarter ended March 31, 2025 after market close on May 8, 2025. On that day, PubMatic will host a webcast at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) to discuss the company’s financial results.  Webcast Details  What: PubMatic’s First Quart...

 PRESS RELEASE

PubMatic and Spectrum Reach Partner to Enhance Demand, Efficiency and ...

PubMatic and Spectrum Reach Partner to Enhance Demand, Efficiency and Curation Across CTV Marketplace REDWOOD CITY, Calif. and NEW YORK, April 09, 2025 (GLOBE NEWSWIRE) -- PubMatic (Nasdaq: PUBM), an independent technology company delivering digital advertising’s supply chain of the future and Spectrum Reach, the advertising sales business of Charter Communications, today announced a new partnership that will bring increased demand and efficient buying to Spectrum Reach’s advertising inventory while strengthening PubMatic’s curated packages with local news and live sports offered through ...

 PRESS RELEASE

PubMatic’s Connect Platform for Curation Delivers for Publishers: Driv...

PubMatic’s Connect Platform for Curation Delivers for Publishers: Drives 25%+ Higher eCPMs, Incremental Revenue and Diverse Demand NO-HEADQUARTERS/REDWOOD CITY, Calif., March 20, 2025 (GLOBE NEWSWIRE) -- PubMatic, an independent technology company delivering digital advertising’s supply chain of the future, today announces the success and impact of its platform in driving incremental revenue and efficiency for publishers and advertisers through curated programmatic advertising deals. Curated programmatic deals are emerging as the future of efficient, privacy-first digital marketing. Rec...

Snap Inc: 1 director

A director at Snap Inc sold/gave away 1,301,240 shares at 0.000USD and the significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years cl...

 PRESS RELEASE

PubMatic Announces Fourth Quarter and Fiscal Year Ended 2024 Financial...

PubMatic Announces Fourth Quarter and Fiscal Year Ended 2024 Financial Results FY Revenue of $291.3 million, up 9% over 2023; Delivered FY 2024 net income of $12.5 million or 4% margin; FY adjusted EBITDA increased 23% over 2023 and was $92.3 million or 32% margin; Revenue in Q4 from CTV more than doubled year over year and represented 20% of total revenue; Supply Path Optimization represented 53% of total activity in 2024; Repurchased 4.3 million shares in 2024, representing 7.9% of fully diluted shares as of December 31, 2024 NO-HEADQUARTERS/REDWOOD CITY, Cali...

 PRESS RELEASE

PubMatic to Participate in Upcoming Financial Conferences

PubMatic to Participate in Upcoming Financial Conferences NO-HEADQUARTERS/REDWOOD CITY, Calif., Feb. 18, 2025 (GLOBE NEWSWIRE) -- PubMatic, Inc. (Nasdaq: PUBM), an independent technology company delivering digital advertising’s supply chain of the future, today announced that members of its management team are scheduled to participate at the following upcoming financial conferences. The Citizens JMP Technology Conference on Monday March 3, 2025. Management will participate in a webcasted fire-side chat at 1:30 p.m. PT / 4:30 p.m. ETKeyBanc Capital Markets Emerging Technology Summit on Tu...

Dan Salmon
  • Dan Salmon

Snap Inc. (SNAP, Buy, $16 target) 4Q24 Model Update (Buy, target lower...

Our target declines to $16 from $17 owing to lower estimates, partially offset by a higher valuation owing to growing long-term revenue potential after SNAP’s advertiser base doubled in 2024, while Snapchat+ continues to layer in a more predictable subscription revenue stream.

Dan Salmon
  • Dan Salmon

Snap Inc. (SNAP, Buy, $17 target) Two Very Important Things Doubled in...

What's New: In this first take following tonight's results, we focus on: 1. Upside potential grows as advertiser count and Snapchat+ subs both double in 2024 2. DR/Brand trends right in-line with expectations, helped a little by TikTok, and new ad load 3. Very careful rollout of simplified Snapchat progressing, likely takes all of 2025 to complete

 PRESS RELEASE

TCL and PubMatic Join Forces to Drive Demand and Efficiency in Streami...

TCL and PubMatic Join Forces to Drive Demand and Efficiency in Streaming Live Sports Advertising NO-HEADQUARTERS/REDWOOD CITY, Calif., Jan. 22, 2025 (GLOBE NEWSWIRE) -- TCL, a leading global television brand and PubMatic (Nasdaq: PUBM), an independent technology company delivering digital advertising’s supply chain of the future, today announced a new partnership designed to enhance programmatic advertising for live sports. This new partnership will connect TCL’s premium programmatic streaming inventory, including NFL Channel and CBS Sports, with PubMatic’s integrated platform to drive de...

 PRESS RELEASE

PubMatic to Announce Fourth Quarter and Full Year 2024 Financial Resul...

PubMatic to Announce Fourth Quarter and Full Year 2024 Financial Results on February 27, 2025 NO-HEADQUARTERS/REDWOOD CITY, Calif., Jan. 21, 2025 (GLOBE NEWSWIRE) -- PubMatic, Inc. (Nasdaq: PUBM), an independent technology company delivering digital advertising’s supply chain of the future, today announced that it will release its financial results for the quarter and fiscal year ended December 31, 2024 after market close on February 27, 2025. On that day, PubMatic will host a webcast at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) to discuss the company’s financial results. Webcast D...

 PRESS RELEASE

PubMatic’s Activate Achieves Significant Industry Adoption: 100% of “B...

PubMatic’s Activate Achieves Significant Industry Adoption: 100% of “Big Six” Advertising Agencies Now Leverage the Platform for Efficiency and Growth NO-HEADQUARTERS/REDWOOD CITY, Calif., Jan. 08, 2025 (GLOBE NEWSWIRE) -- PubMatic, an independent technology company delivering digital advertising’s supply chain of the future, today announces the rapid adoption and market share growth of its innovative media activation platform, . In today's dynamic digital environment, advertisers face growing challenges: navigating complex supply chains, optimizing campaigns across a fragmented landscap...

 PRESS RELEASE

PubMatic and GroupM Expand Partnership to Boost Latin America Market I...

PubMatic and GroupM Expand Partnership to Boost Latin America Market Impact NO-HEADQUARTERS/REDWOOD CITY, Calif., Dec. 12, 2024 (GLOBE NEWSWIRE) -- GroupM, WPP’s media investment group, and PubMatic, an independent technology company delivering digital advertising’s supply chain of the future, are expanding their global partnership to enhance GroupM Premium Marketplace (GPM), a unified programmatic market aimed at increasing media buying transparency and efficiency, in the LATAM region. This move will provide GroupM clients with direct and advantaged access to PubMatic’s high-quality publ...

 PRESS RELEASE

PubMatic y GroupM amplían su colaboración para potenciar el impacto en...

PubMatic y GroupM amplían su colaboración para potenciar el impacto en el mercado de LATAM NO-HEADQUARTERS/REDWOOD CITY, Calif., Dec. 12, 2024 (GLOBE NEWSWIRE) -- GroupM, el grupo de inversión en medios de WPP, y PubMatic, una compañía tecnológica independiente que lidera la transformación de la cadena de suministro de la publicidad digital, están ampliando su colaboración global para fortalecer el GroupM Premium Marketplace (GPM) en la región de LATAM. Este mercado programático unificado busca aumentar la transparencia y la eficiencia en la compra de medios. Con esta expansión, los clien...

 PRESS RELEASE

PubMatic Expands its Collaboration with Western Union to Unlock New Co...

PubMatic Expands its Collaboration with Western Union to Unlock New Commerce Media Opportunities PubMatic offers its comprehensive SSP for commerce media, enhancing advertiser access to Western Union’s diverse multicultural audience and premium inventory REDWOOD CITY, Calif., Dec. 03, 2024 (GLOBE NEWSWIRE) -- PubMatic, an independent technology company delivering digital advertising’s supply chain of the future, today announced an expansion of their work with Western Union to include its commerce media business. This collaboration expanded partnership will leverage PubMatic’s leading S...

 PRESS RELEASE

PubMatic and DIGITS Agency Bring Advanced AdTech to Local Grocery and ...

PubMatic and DIGITS Agency Bring Advanced AdTech to Local Grocery and Convenience Stores Strategic Partnership to Launch with Fareway Stores and Vroom Delivery, Offering Precise Digital Advertising, Measurement and Performance at the Local Level NO-HEADQUARTERS/REDWOOD CITY, Calif., Nov. 22, 2024 (GLOBE NEWSWIRE) -- DIGITS, a leading independent retail media agency, and PubMatic (Nasdaq: PUBM), an independent technology company delivering digital advertising’s supply chain of the future, announce their strategic partnership to leverage PubMatic’s , a scalable full-funnel commerce media ...

 PRESS RELEASE

Xumo and PubMatic Partner to Expand Programmatic Advertising

Xumo and PubMatic Partner to Expand Programmatic Advertising Integration Unlocks Reach and Targeting for Advertisers Across Xumo’s Premium Content PHILADELPHIA and REDWOOD CITY, Calif., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Xumo, a streaming platform joint venture between Comcast and Charter, and PubMatic (Nasdaq: PUBM) an independent technology company delivering digital advertising’s supply chain of the future, announced a partnership today to make Xumo’s premium inventory programmatically available to advertisers via PubMatic. As the digital advertising ecosystem becomes more crowded an...

 PRESS RELEASE

PubMatic to Participate at Upcoming Financial Conferences

PubMatic to Participate at Upcoming Financial Conferences NO-HEADQUARTERS/REDWOOD CITY, Calif., Nov. 19, 2024 (GLOBE NEWSWIRE) -- PubMatic, Inc. (Nasdaq: PUBM), an independent technology company delivering digital advertising’s supply chain of the future, today announced that members of its management team are scheduled to participate at the following upcoming financial conferences. Details for the events are as follows: Wolfe Research Small and Mid-Cap Conference in New York on Wednesday, December 4, 2024Raymond James TMT and Consumer Conference in New York on Wednesday December 11, 20...

 PRESS RELEASE

PubMatic Announces Third Quarter 2024 Financial Results

PubMatic Announces Third Quarter 2024 Financial Results Delivered Q3 results ahead of guidanceDelivered revenue of $71.8 million, up 13% over Q3 2023; Revenue from omnichannel video up 25%; Gross profit was $46.3 million, up 23% over Q3 2023Net loss of $(0.9) million or (1)% margin; Adjusted EBITDA of $18.5 million or 26% margin; Repurchased 3.6 million shares year to date, representing 6.5% of fully diluted shares as of September 30, 2024 NO-HEADQUARTERS/REDWOOD CITY, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) -- PubMatic, Inc. (Nasdaq: PUBM), an independent technology company delivering di...

 PRESS RELEASE

SoundCloud Selects PubMatic to Enhance Access to Programmatic Advertis...

SoundCloud Selects PubMatic to Enhance Access to Programmatic Advertising on a Global Scale The international partnership will enable programmatic inventory on the artist-first platform, which has 175 million monthly listeners NO-HEADQUARTERS/REDWOOD CITY, Calif., Nov. 05, 2024 (GLOBE NEWSWIRE) -- SoundCloud, the artist-first platform that empowers artists and fans to connect and share through music, and PubMatic, an independent technology company delivering digital advertising’s supply chain of the future, announce a new strategic partnership offering SoundCloud’s premium advertising i...

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