- PubMatic reported its Q2 2026 earnings, posting revenue of $ 78.6 million, an 11 % year-over-year increase, alongside an adjusted EBITDA of $ 19.6 million and free cash flow of $ 13.7 million.
- Growth was driven by momentum in high-value formats and channels, which accounted for 60 % of total revenue, and accelerated adoption of AI-powered platform products such as AgenticOS and Decision Fabric.
- For Q3 2026, the company projected revenue between $ 75 million and $ 77 million and increased its full-year capital expenditure outlook to a range of $ 20 million to $ 25 million to support GPU-centric AI infrastructure.
- Benzinga's options activity scanner tracked unusual whale transactions across 10 communication services stocks, highlighting potential market trading opportunities.
- The recorded options activity includes notable trades and sweeps for companies such as SPCX, GOOGL, STUB, NFLX, VZ, PUBM, FWONK, GOOG, DIS, and LYV.
- These transactions feature varying sentiments—ranging from bearish and bullish to neutral—along with distinct expiration dates, strike prices, and trading volumes.
- U.S. stocks trended higher on Friday, with the Nasdaq Composite gaining approximately 1 %.
- Multiple companies including Natera, Doximity, and QuinStreet experienced significant stock price surges following better-than-expected quarterly financial results and upwardly revised sales guidance.
- Other major firms such as Airbnb, Atlassian, and PubMatic also recorded substantial gains driven by strong earnings reports and positive future projections.