PubMatic reported Q earnings of $0.04/share, exceeding expectations, with 6.2% YoY revenue growth.

PubMatic, Inc. (NASDAQ:PUBM) has a "Moderate Buy" rating from seven brokerages, with a 12-month price target of $21.00. In its latest quarter, the company reported earnings of $0.04 per share, exceeding expectations, while revenue rose 6.2% year-over-year to $67.27 million. Institutional investors have made various adjustments to their holdings, and insider sales totaled 119,062 shares in the past 90 days. PubMatic's market cap stands at $719.90 million.