PubMatic, Inc. (NASDAQ:PUBM) Q4 2022 Earnings Conference Call February 28, 2023 4:30 PM ET

Company Participants

Stacie Clements – The Blueshirt Group

Rajeev Goel – Co-Founder and Chief Executive Officer

Steve Pantelick – Chief Financial Officer

Conference Call Participants

Jason Helfstein – Oppenheimer

Justin Patterson – KeyBanc

Shweta Khajuria – Evercore

Matt Swanson – RBC

James Heney – Jefferies

Andrew Boone – JMP

Andrew Marok – Raymond James

Eric Martinuzzi – Lake Street

Operator

Hello, everyone, and welcome to PubMatic's Fourth Quarter and Full Year 2022 Earnings Call. My name is Kelly, and I will be your Zoom operator today. Thank you for your attendance. This webinar is being recorded.

And 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 fourth quarter and year ended December 31, 2022. 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. If you plan to ask a question, please ensure you've set your Zoom name to display your full name and firm. If you would like to ask a question during this time, please use the raise hand function located at the bottom of your screen. A copy of our press release and accompanying slides 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 inherent risks, uncertainties and changes in circumstances that are difficult to predict. You can find more information about these risks, 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 February 28, 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. In addition, today's discussion will include references to certain non-GAAP financial measures, including adjusted EBITDA and non-GAAP net income. 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.