Pubmatic shares surge 29.28% intraday as Q3 earnings beat, revenue exceeds $63.76M estimate, and AI-driven efficiency gains boost core business growth.

think> Okay, so the user wants me to transform the given text into a concise news headline following specific rules. Let me start by understanding the input. First, the company name is Pubmatic. The percentage change is 29.28104575%, which I need to round to two decimal places. That would be 29.28%. The time period is intraday, so I should mention that. Next, the reason for the price movement. The input has three points. The first is the Q3 earnings report beating expectations with revenue and adjusted EPS. The second point is the growth in CTV and Activate revenue. The third is the AI-driven platform improvements. I need to condense these into a brief reason. I should include the key info: the earnings beat, the revenue growth figures, and the AI efficiency gains. The example provided in the prompt includes the company name, percentage, time, and the reason. Let me structure it similarly. Check the rules again: company name unchanged, rounded percentage, time period, and a brief reason with key info. Avoid trailing zeros, so 29.28% is correct. Putting it all together: "Pubmatic surged 29.28% intraday as its Q3 earnings exceeded expectations with $67.96 million revenue (vs. $63.77 million expected) and adjusted EPS of $0.03 (vs. expected loss of $0.10). Excluding political ads, CTV revenue grew over 50% and Activate revenue over 100%, while AI-driven platforms reduced ad setup time by 87% and improved issue resolution speed by 70%." Wait, the user's example uses "surged" for a 4.23% increase. Here, 29% is a much larger surge, so "surged" is appropriate. The time period is intraday, so I should use "intraday trading" as in the example. Also, check if the numbers are correctly formatted. The revenue is $67.96 million, which is 6796万美元. The expected was 6376.8万美元, so converting to $63.77 million. The adjusted EPS is 0.03 vs. expected loss of 0.10. The second point mentions CTV and Activate revenue growth. The third point about AI reducing setup time and improving resolution speed. All these are key factors. Make sure the headline is concise but includes all necessary elements. Avoid any markdown and use English. Let me review the example again to ensure consistency. The example has two paragraphs, but the user's instruction says "concise news headline," so maybe a single sentence with a brief reason. However, the example's output is two paragraphs. Wait, the example's output is actually two paragraphs, but the user might expect a single headline. Hmm, the example shows the output as two paragraphs, but the instruction says "concise news headline." Maybe the user wants a headline followed by a brief explanation, like the example. In the example, the first paragraph is the headline with the company, percentage, time, and reason. The second paragraph is additional info. So perhaps the user expects a similar structure. Let me follow that. So the first part is the headline with the key info, then the second part can include more details. Let me check the example again. The example's output has two paragraphs separated by a line break. The first is the main headline, the second is more details. So for the given input, the first part should include the company name, percentage, time, and the main reason (Q3 earnings beat, CTV/Activate growth, AI improvements). The second part can elaborate on the company's focus. However, in the input provided, the company's description is not given. The original input for the example had a description about the company's focus. In the current input, there's no such description. The user's input here ends with the third point about AI. Wait, the user's input ends with the three points and a closing parenthesis. So there's no additional company description like in the example. Therefore, the second paragraph in the example might not be necessary here. But the example's output includes it. Hmm, maybe the user expects to include the company's focus if present in the input. In the current input, there's no such information. So perhaps the output should just be the first part, the headline with the key points. But the example's output includes two paragraphs. Let me check the original instruction again. The transformation rules mention providing a brief reason for the price movement, retaining key information. The example's output includes two paragraphs, but the user's instruction says "concise news headline." Maybe the user wants a single headline with the key elements. Alternatively, perhaps the user's.