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Trmr peer Magnite released better than expected results.
Sp currently down 16%
Further backing my opinion of ad tech bubble.
https://www.nasdaq.com/articles/magnite-mgni-q4-earnings-beat-estimates-revenues-up-y-y-2021-02-25
Now sp isn't rising so fast, some are NOW coming around to thinking the growth can't continue.
Hindsight... ;-)
After it released its first quarterly earnings update, PubMatic stock was up 22% today.
Growth cannot realistically continue ahead at such a high rate, after lockdown ends.
I hold no position in Pubmatic but it’s making for splendid watching today!
From MarketScreener:
03/17/21 FY 2020 Earnings Release (Projected)
09/28/21 Interim 2021 Earnings Release (Projected)
03/16/22 FY 2021 Earnings Release (Projected)
09/27/22 Interim 2022 Earnings Release (Projected)
It would appear that half-yearly result dates are given prior notice but not full results, correct me if I'm wrong.
As far as I know they always RNS the important data at 7am to allow a more orderly market.
I don't believe notice of an RNS is ever given.
The general feeling is for 31st March, but I guess it could possibly be before.
Baldy,
History tells us that they usually rns the date.
JR
I don't think they have to release an RNS telling the market when the results will be announced. Presumably they have to publish the date somewhere...perhaps their website will suffice.
RE: Results
Is it mandatory for a company to give notice of imminent results, or could they just spring the news on us?
Well done, Pasio
I anticipated somebody would revert to talking about the share again!
I actually bought a few more today, results can't come soon enough.
Afternoon Tremor fans,
Great to see we are closing the gap on a short lived and not altogether unexpected pullback.
The results of our peers bode extremely well for us.
We remain highly undervalued both in absolute and relative terms in my humble opinion and I look forward to a bullish full year update soon.
Hold tight!
Pasio