11:17 AM EDT, 03/28/2024 (MT Newswires) -- PubMatic ( PUBM ) said Thursday it is reinvesting its profits to boost its engineering and sales teams.

The company plans to add more than 150 employees during this year, which will bring its workforce to about 1,100 by year-end.

PubMatic ( PUBM ) shares were rising 2.6% in recent trading.

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