Video Spurs PubMatic's Q1 Revenues to $43.6 Million

It's one of many ad-tech companies seeing big growth in CTV

Supply-side platform PubMatic saw revenue for Q1 total $43.6 million, up 54% from the year prior, when lockdowns first hit and the ad industry started to recoil as advertisers pressed pause on spend.

Top line

Digital advertising proved somewhat resilient during the pandemic, with marketers turning to programmatic channels to target consumers on their digital devices while they stayed at home.

Mobile and online video, two channels that saw usage spike during the pandemic, were also the fastest-growing channels for PubMatic.

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