Stronger Than Expected Quarterly Performance
Revenue and adjusted EBITDA exceeded guidance, with strong cash flow indicating a robust platform performance.
CTV Growth Outpaces Market
CTV revenue grew over 50% year over year, driven by increased premium supply, live sports marketplace traction, and growth of small and mid-market advertisers.
Emerging Revenue Growth
Emerging revenues increased over 80% year over year, fueled by sell-side targeting and AI solutions.
AI-Driven Operational Improvements
AI initiatives resulted in 5x faster bid responses and 85% fewer auction timeouts, leading to increased advertiser performance and publisher yield.