Earnings Feed

PUBM

Technology

Adjusted EBITDA margin was 20%, marking the 37th consecutive quarter of profitability.
CTV revenue grew over 50% year-over-year, representing nearly 20% of total revenue.
Emerging revenue streams more than doubled year-over-year, accounting for 8% of total revenue.
Free cash flow was $9.3 million with $117.6 million in cash and marketable securities and zero debt.
PubMatic delivered strong Q2 2025 results with revenue and adjusted EBITDA exceeding expectations.
Q2 GAAP net loss was $5.2 million or $0.11 per diluted share.
Reported revenue grew 6% year-over-year, while underlying business revenue (excluding DSP and political advertising impacts) grew 19%.
Share repurchases totaled $178.2 million through Q2 2025 with $96.8 million remaining authorized.

ATEX

Technology

Achieved a 20% reduction in operating expenses over the last year.
Approximately $140 million in contracted proceeds outstanding, with $70 million expected in fiscal 2026.
Cleared over 80% of incumbents within the spectrum band and can apply for broadband licenses in 90% of U.S. counties.
Ended Q1 debt-free with approximately $41 million in cash.
Received roughly $10 million of signed contracts during the quarter.
Recorded a $35 million total gain, including $34 million from license exchanges and $1 million from license sales.

Technology

Deferred revenue grew 5% year-over-year to $1.48 billion; RPO increased over 5% to approximately $4 billion.
Enterprise business revenue grew 7% year-over-year, representing 60% of total revenue, up 1 point.
Non-GAAP diluted EPS was $1.53, $0.16 above guidance and $0.14 higher than prior year.
Non-GAAP gross margin improved to 79.8%, up 128 basis points from prior year.
Non-GAAP operating income grew 10.5% year-over-year to $503 million, beating guidance by $38 million.
Non-GAAP operating margin increased 216 basis points to 41.3%.
Operating cash flow grew 15% to $516 million; free cash flow grew 39% to $508 million.
Total revenue grew 4.7% year-over-year to $1.217 billion, exceeding guidance by $17 million.