PubMatic, Inc. (NASDAQ:PUBM) Q3 2023 Earnings Conference Call November 8, 2023 5:00 PM ET

Company Participants

Stacie Clements - Investor Relations, The Blue Shirt Group

Rajeev Goel - Co-Founder & Chief Executive Officer

Steve Pantelick - Chief Financial Officer

Conference Call Participants

Matt Swanson - RBC

Shweta Khajuria - Evercore

Justin Patterson - KeyBanc

Jason Helfstein - Oppenheimer

James Heaney - Jefferies

Mauricio Munoz - Raymond James

Dan Day - B. Riley

Maxwell Michaelis - LakeStreet

Matt Condon - JMP

Operator

Hello, everyone and welcome to PubMatic's Third Quarter 2023 Earnings Call. My name is Christian [ph] and I will be your Zoom operator today. Thank you for your attendance. This webinar is being recorded.

I will now turn the call over to Stacie Clements with The Blueshirt Group.

Stacie Clements

Good afternoon, everyone and welcome to PubMatic's earnings call for the third quarter ended September 30, 2023. This is Stacie Clements with The Blueshirt Group and I'll be your operator today. Joining me on the call are Rajeev Goel, Co-Founder and CEO; and Steve Pantelick, CFO. Before we get started, I have a few housekeeping items. Today's prepared remarks have been recorded. After which Rajeev and Steve will host live Q&A. [Operator Instructions]. A copy of our press release can be found on our website at investors.PubMatic.com.

I would like to remind participants that during this call, management will make forward-looking statements, including, without limitation, statements regarding our future performance, market opportunity, growth strategy and financial outlook. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. These forward-looking statements are subject to the inherent risks, uncertainties and changes in circumstances that are difficult to predict. You can find more information about these risks and uncertainties and other factors in our reports filed from time to time with the Securities and Exchange Commission, including our most recent Form 10-K and any subsequent filings on Forms 10-Q or 8-K which are on file with the Securities and Exchange Commission and are available at investors.PubMatic.com.

Our actual results may differ materially from those contemplated by the forward-looking statements. We caution you, therefore, against relying on any of these forward-looking statements. All information discussed today is as of November 8, 2023 and we do not intend and undertake no obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law. And today, in addition, today's discussion will include references to certain non-GAAP financial measures, including adjusted EBITDA, non-GAAP net income and free cash flow. These non-GAAP measures are presented for supplemental informational purposes only and should not be considered a substitute for financial information presented in accordance with GAAP. A reconciliation of these measures to the most directly comparable GAAP measures is available in our press release.