Latest news with #Convert
Yahoo
26-06-2025
- Business
- Yahoo
The Trade Desk's CTV Business Driving Growth: Can the Momentum Hold?
The Trade Desk (TTD) is benefiting from higher Connected TV ('CTV') adoption amid the convergence of internet and television programming. This particular growth driver is fast becoming the focus of the company's growth strategy. In the last reported quarter, video advertising, which includes CTV, represented a high-40s percentage share of total business. TTD is looking to capitalize on the shift from linear to programmatic CTV. On the last earnings call, TTD referred to CTV as the 'kingpin of the open internet.' The company also highlighted that supply is outpacing demand in the current ad landscape, especially in CTV, therefore making it a buyer's market. Major CTV players are not only 'plugging directly' into TTD's demand, but they are also adopting key innovations like UID2 and OpenPath. Earlier in the year, TTD introduced its Ventura Operating System for CTV, designed to drive greater efficiency and transparency in advertising. This operating system enables better data management, allowing TTD to enhance its targeting capabilities, which are crucial as the CTV market expands. TTD is also executing its international expansion led by CTV. Nonetheless, increasing macroeconomic uncertainty and escalating trade tensions do not augur well for TTD as well as other players in this intensely competitive landscape, as these could squeeze ad budgets. TTD highlighted the impact of the volatile macro backdrop, particularly on the large global brands. If macro headwinds worsen or persist into the second half of 2025, revenue growth may face further pressure due to reduced programmatic demand. Like The Trade Desk, PubMatic, Inc PUBM is gaining from growth in the CTV business, which bolsters its strategic positioning in the high-growth programmatic video. PUBM is expected to gain from the continuing shift of ad dollars from linear TV to streaming, especially in a market favoring programmatic spot buys with flexibility over heavy upfront commitments. PubMatic has already secured more than 80% penetration among the top 30 streamers. In the last reported quarter, CTV revenues surged more than 50% year over year, while omni-channel video revenues grew 20% and represented 40% of total revenues. PubMatic is also heavily investing in Activate for SPO, Convert for commerce media and Connect for curation to drive growth and create sticky customer engagement. Magnite, Inc MGNI is gaining from robust growth in CTV, with overall contributions excluding Traffic Acquisition Costs (ex-TAC) increasing 12% year over year in the first quarter of 2025. CTV's contribution ex-TAC was up 15%, representing 43% of Magnite's total contribution ex-TAC mix. The growth is being driven by increased ad spend and programmatic adoption by leading giants like Fox, Vizio, Roku, LG, Warner Bros. Discovery, Walmart and Netflix. Netflix continues expanding its programmatic strategy globally and Magnite remains a core partner of its programmatic ad stack. Momentum with the agency marketplaces and growth in live sports augurs well. The company recently debuted the next generation of SpringServe, integrating the ad server and advanced programmatic capabilities of its streaming SSP into one unified platform. It is set for general availability in July 2025. Shares of TTD have plummeted 40.6% year to date compared with the Internet – Services industry's decline of 9.3%. Image Source: Zacks Investment Research In terms of forward price/earnings, TTD's shares are trading at 35.58X, up from the Internet Services industry's ratio of 17.8X. Image Source: Zacks Investment Research The Zacks Consensus Estimate for TTD's earnings for 2025 has been unchanged over the past 30 days. Image Source: Zacks Investment Research TTD currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Trade Desk (TTD) : Free Stock Analysis Report Magnite, Inc. (MGNI) : Free Stock Analysis Report PubMatic, Inc. (PUBM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
10-06-2025
- Business
- Yahoo
PUBM Q1 Earnings Call: CTV, Supply Path Optimization, and AI Drive Transformation Amid Ad Market Shifts
Programmatic advertising platform Pubmatic (NASDAQ: PUBM) announced better-than-expected revenue in Q1 CY2025, but sales fell by 4.3% year on year to $63.83 million. Guidance for next quarter's revenue was better than expected at $68 million at the midpoint, 0.6% above analysts' estimates. Its non-GAAP loss of $0.04 per share was $0.03 above analysts' consensus estimates. Is now the time to buy PUBM? Find out in our full research report (it's free). Revenue: $63.83 million vs analyst estimates of $62.09 million (4.3% year-on-year decline, 2.8% beat) Adjusted EPS: -$0.04 vs analyst estimates of -$0.07 ($0.03 beat) Adjusted Operating Income: -$2.21 million vs analyst estimates of -$14.38 million (-3.5% margin, 84.7% beat) Revenue Guidance for Q2 CY2025 is $68 million at the midpoint, roughly in line with what analysts were expecting EBITDA guidance for Q2 CY2025 is $10.5 million at the midpoint, below analyst estimates of $11.36 million Operating Margin: -18.6%, down from -8.3% in the same quarter last year Market Capitalization: $587.7 million PubMatic's first quarter performance was shaped by a mix of secular industry shifts and the company's evolving product focus. CEO Rajeev Goel highlighted strong momentum in connected TV (CTV), with revenues in that segment growing over 50% year-over-year, and noted that supply path optimization (SPO) accounted for a record 55% of total activity. Management also attributed underlying business growth to new products such as Activate for SPO and Convert for commerce media. The quarter was affected by continued softness in the display advertising segment, particularly linked to a large demand-side platform (DSP) partner, but Goel emphasized that excluding this factor and last year's political advertising, core business growth accelerated to 21%. Looking ahead, PubMatic's guidance is driven by expectations of continued secular shifts in digital advertising—most notably, increased spending on streaming over linear TV, and a transition from brand to performance-based advertising. Management believes these trends will benefit key product lines, especially CTV and commerce media. CFO Steve Pantelick emphasized the company's growing relationships with both major agency holding companies and mid-market DSPs, while Goel noted that the recent Google AdTech antitrust ruling could open additional opportunities for independent platforms. The ongoing adoption of AI-driven advertising tools is expected to further enhance efficiency and drive customer value. Management attributed the quarter's performance to rapid expansion in CTV, increased adoption of SPO, and growth in new product lines targeting commerce media and curation. CTV and video expansion: CTV remained a major growth engine, with over 50% year-over-year revenue gains, supported by deeper partnerships with leading streamers and international broadcasters. Goel noted 80% penetration among the top 30 streaming platforms. Supply path optimization (SPO) momentum: SPO represented a record 55% of PubMatic's total activity, as advertisers and agencies sought greater efficiency and transparency. Management sees SPO's share potentially reaching as high as 75% in coming years. Emerging products and curation: New revenue streams, especially from the Connect curation and data platform, more than doubled year-over-year. These solutions help advertisers better target audiences using first-party data and have become increasingly relevant as privacy concerns and data ownership shift industry dynamics. AI-driven platform launch: PubMatic introduced an AI-powered end-to-end platform, enabling buyers to use natural language to create and activate optimized campaigns. Early beta partners, such as GroupM, are testing this tool to improve campaign efficiency and targeting. Diversification of demand sources: The company reported accelerating activity from mid-market DSPs and direct advertisers, reflecting broader industry trends of budget consolidation and performance marketing. This diversification helps lessen reliance on large agency holding companies and single DSPs. PubMatic expects future growth to be driven by increasing adoption of programmatic CTV, AI-enabled advertising tools, and the ongoing shift to performance-focused digital campaigns. Secular shift to streaming and performance: Management expects advertisers to allocate more budgets toward streaming and lower-funnel, performance-based campaigns, as flexibility and measurable outcomes gain importance. This transition favors PubMatic's CTV and commerce media products, with anticipated benefits from higher demand and premium inventory. AI and operational efficiency: The expanded use of generative AI across the business, from campaign planning to internal engineering, is expected to enable faster innovation and productivity without increased headcount. AI-powered tools are projected to improve customer outcomes and streamline costs. Industry changes and regulatory impact: The Google AdTech antitrust verdict and changes in third-party cookie policies are seen as catalysts for independent platforms like PubMatic. Management anticipates potential market share gains as publishers and buyers seek alternatives to incumbent solutions, supported by ongoing investments in data-driven, privacy-compliant products. In the coming quarters, the StockStory team will track (1) the pace of CTV and AI product adoption across new and existing clients, (2) the impact of regulatory changes and the Google antitrust ruling on market share, and (3) further progress in diversifying demand away from large DSPs and agency holding companies. The effectiveness of cost control measures and the rollout of new AI-driven tools will also be key to monitoring operational leverage. PubMatic currently trades at a forward price-to-sales ratio of 1.9×. Is the company at an inflection point that warrants a buy or sell? See for yourself in our full research report (it's free). Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today. 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Broadcast Pro
03-06-2025
- Business
- Broadcast Pro
Magewell to demo Pro Convert devices and Xmit family at InfoComm
Attendees are invited to visit the stand to explore Magewell's entire lineup of innovative solutions. Magewell, a developer of high-performance video I/O and IP workflow solutions, is set to unveil the latest additions to its Pro Convert product line and introduce an entirely new family of devices at InfoComm 2025, taking place in Orlando, Florida from June 11 to 13. Visitors will have the opportunity to see live demonstrations of the company's full product range and receive guidance from Magewell's team of AV experts. Among the highlights is the Pro Convert IP to USB, first introduced at NAB and now making its InfoComm debut. This plug-and-play device allows users to capture NDI, NDI HX, or other IP-based streams via a USB connection without the need for external power. It provides a seamless solution for environments such as conference rooms and production studios where software may not natively support IP protocols or the installation of additional applications is restricted. Also being previewed at the show is the Pro Convert Xmit AIO, the first device in Magewell's new Xmit family. Designed as a versatile encoder/decoder, the standalone unit can convert one channel of SDI or HDMI to or from NDI HX formats. With support for 4Kp60 encoding, the Xmit AIO addresses a key demand from users seeking high-resolution IP streaming over 1Gbps networks. Its dual functionality makes it an adaptable solution for live production and professional AV workflows reliant on NDI HX. Magewell invites InfoComm attendees to explore these new offerings alongside its full suite of solutions, engineered to deliver the performance, flexibility, and quality required in modern AV environments. Stand 2818
Associated Press
18-04-2025
- Business
- Associated Press
Toobit Launches Convert, Now Offers Instant Zero-Fee Crypto Swaps
GEORGE TOWN, Cayman Islands, April 18, 2025 (GLOBE NEWSWIRE) -- Award-winning digital asset trading platform Toobit today announces the launch of Toobit Convert, a new crypoasset management tool that allows users to instantly swap between supported cryptocurrencies—without trading fees or the need to place manual buy or sell orders. With Toobit Convert, traders can exchange one asset for another at real-time market rates, simplifying portfolio management and enabling fast responses to market shifts. Unlike traditional spot trading, there's no need to deal with order books, set price limits, or use trading strategies. Toobit Convert offers a clean, easy-to-use interface that provides zero slippage for supported token amounts, with prices coming from several market makers, so traders always get the most competitive rates. Traders can take 3 simple steps to Convert their crypto 'Whether you're rebalancing your portfolio or moving between coins, Toobit Convert takes the friction out of the process,' said Mike Williams, Chief Communication Officer at Toobit. 'We're focused on building intuitive tools that enhance the user experience without compromising speed, security, or transparency.' Available now on both desktop and the Toobit trading app, Toobit Convert supports a wide range of digital assets, with minimum and maximum limits clearly displayed before each conversion. Most transactions are completed instantly, and users can track their conversion history directly from the Convert page. With Convert, new users can now swap assets in seconds with no extra charges. Experienced traders can also use Convert to move fast in changing markets or explore new options with ease. Whether adjusting a portfolio or dealing with price swings, Toobit Convert is a quick, easy tool for efficient cryptoasset management. This launch follows Toobit's growing suite of user-focused tools, including Toobit Earn, which offers staking rewards of up to 250,000 USDT. For more details, visit the Toobit Convert page: About Toobit Toobit is where the future of crypto trading unfolds—an award-winning cryptocurrency derivatives exchange built for those who thrive exploring new frontiers. With deep liquidity and cutting-edge technology, Toobit empowers traders worldwide to navigate the digital asset markets with confidence. We offer a fair, secure, seamless, and transparent trading experience, ensuring every trade is an opportunity to discover what's next. For more information about Toobit, visit: Website | X | Telegram | LinkedIn | Discord | Instagram Contact: Davin C. Email: [email protected] Website: Disclaimer: This press release is provided by the Toobit. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. A photo accompanying this announcement is available at
