|Bid||165.94 x 0|
|Ask||166.14 x 0|
|Day's range||164.66 - 164.66|
|52-week range||146.92 - 323.00|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
As earnings seasons winds down, major tech names like, Microsoft, and Alphabet have proven remarkably resilient in a tough macroeconomic environment. But not every tech company is unscathed by the tough environment.
PubMatic's second-quarter revenue increased 27% year over year to $63 million. This was an acceleration from a first-quarter year-over-year growth rate of 25%. Impressively, PubMatic's net income for the period was $7.8 million, or 12% of revenue.
The stock is priced like it's going to fail -- should investors be concerned or scoop up shares?