PubMatic (NASDAQ: PUBM) experienced a sharp decline in after-hours trading on Monday, August 11, 2025, plummeting 20.72% to close at $8.38.
The drop followed the company’s Q2 financial report, which, despite surpassing earnings expectations with adjusted earnings of $0.05 versus an anticipated loss of $0.16, provided a weaker Q3 revenue outlook of $61.00 million to $66.00 million, below the expected $70.54 million.
Earlier, shares closed the regular session at $10.57, after fluctuating between a high and low during the day, with a trading volume of 1.38 million shares.