These Analysts Slash Their Forecasts On PubMatic After Q2 Results
1. PubMatic reported Q2 earnings of 5 cents per share, surpassing estimates. 2. Q2 sales reached $71.09 million, beating the $67.77 million consensus. 3. Guidance for Q3 sales falls short at $61-66 million versus $70.54 million. 4. Analysts downgraded price targets following earnings; mixed sentiments persist. 5. Shares plummeted 21.1%, now trading at $8.34 after the announcement.