PubMatic, Inc. [PUBM] reports annual net loss of $8.9 million
Company Reports Revenue of $267.0 million
PubMatic, Inc. [PUBM] has reported a net loss of $8.9 million for year ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $267.0 million
Based in REDWOOD CITY, California, PubMatic, Inc. operates in the SERVICES sector.
In the fiscal year ending December 31, 2023, the company reported total revenue of $267.0 million, a slight increase from the previous year's revenue of $256.4 million. This growth in revenue indicates a positive trend in the company's top-line performance.
Cost of revenue for the same period amounted to $99.2 million, compared to $81.5 million in the previous year. This increase in costs could be attributed to various factors such as inflation, higher material costs, or increased production expenses.