Episode Details
Back to Episodes
Ad Tech Q2 Results Show Mixed Signals | Business and Finance News
Description
Advertising software stocks held steady despite a Q2 slowdown, with mixed results across the board. DoubleVerify lagged with just 2.5% revenue growth, missing estimates but seeing stock gains. PubMatic soared with 10.5% growth and strong forward guidance, boosting its shares. The Trade Desk underperformed, missing both revenue and earnings forecasts, causing a stock dip. AppLovin led with over 52% growth but still fell short on guidance, triggering a sharp sell-off. LiveRamp met targets but had an otherwise uneven quarter.
Listen in comfort:
Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.
Advertise on DNN:
advertise@thednn.ai
This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.
View sources & latest updates:
https://sources.thednn.ai/05a4a9c670a5cf9a