Simran Biswal's questions to PubMatic (PUBM) leadership • Q1 2025
Question
Simran Biswal asked for an overview of the current macroeconomic environment and its impact on ad spend for the remainder of the year, as well as the resiliency of key growth drivers like CTV and emerging products.
Answer
CEO Rajeev Goel stated that PubMatic is not currently seeing a pullback in ad spend and expects market shifts to benefit the company, including moves from linear TV to programmatic streaming, brand to performance advertising, and increased spend consolidation (SPO). CFO Steven Pantelick reinforced this, expressing confidence in achieving 15%+ underlying business growth in the second half, supported by a diversified customer base and strong momentum in secular growth areas like CTV and mobile.