Magnite

Magnite, Inc. provides a technology solution to automate the purchase and sale of digital advertising inventory for buyers and sellers. It features applications and services for digital advertising sellers including websites, mobile applications, and other digital media properties. The company was founded by Frank Addante, Duc Chau, Craig Roah, Julie Mattern and Brian D. Baumgart on April 20, 2007 and is headquartered in New York, NY.

Earnings data Q1 2023

Earnings data Q2 2023

QYOU Media India's Q PLAY app partners with SpringServe to connect advertisers with viewers across OTT and CTV QYOU Media India's Q PLAY app partners with SpringServe to connect advertisers with viewers across OTT and CTV

QYOU Media India Selects SpringServe as Its Primary Ad Server

NEW YORK, March 10, 2023 (GLOBE NEWSWIRE) -- SpringServe, the leading independent ad serving platform now part of Magnite (NASDAQ:MGNI), announced today that it will be joining the Amazon Publisher Services (APS) Ad Server Certification Program for streaming TV.

SpringServe joins the Amazon Publisher Services Streaming TV Ad Server Certification Program

Trade Desk

The Trade Desk and Magnite both offer publishers and advertisers ways to escape the umbrellas of big tech companies. The Trade Desk's stable growth and ongoing innovations could make it the preferred advertising platform for the “open” internet.

Better Ad Tech Stock: The Trade Desk vs. Magnite

Ad Tech Veteran and SpringServe CTO Assumes Top Tech Role Ad Tech Veteran and SpringServe CTO Assumes Top Tech Role

Magnite Appoints David Buonasera to Chief Technology Officer

The ad tech company's core growth engine is cooling off.

Magnite Stock: Bear vs. Bull

NEW YORK, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising platform, today announced it is partnering with Polk Automotive Solutions from S&P Global Mobility, to provide advertisers with access to robust insights including auto purchase intent and loyalty detail to enable more precise targeting and measurement across CTV and OTT.

Magnite Partners with S&P Global Mobility to Enrich Streaming TV Inventory with Automotive Insights

Wall Street didn't like the latest update from management.

Why Magnite Stock Dropped This Week

The adtech company missed estimates on the bottom line and offered underwhelming guidance.

Why Magnite Stock Was Tumbling Today

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Growth stocks are indisputably heating up on Wall Street. In a recent CNBC article, the financial news outlet suggested that “retail investors” are responsible for the surge.

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Magnite, Inc. (NASDAQ:MGNI ) Q4 2022 Earnings Conference Call February 22, 2023 4:30 PM ET Company Participants Nick Kormeluk - VP, IR & Head, Global Real Estate Michael Barrett - President, CEO & Director David Day - CFO Conference Call Participants Shyam Patil - Susquehanna Financial Group Nicholas Zangler - Stephens Inc. Laura Martin - Needham & Company Matthew Thornton - Truist Securities Daniel Kurnos - The Benchmark Company Matthew Swanson - RBC Capital Markets Jason Kreyer - Craig-Hallum Operator Good day, and welcome to the Magnite Fourth Quarter 2022 Conference Call. [Operator Instructions].

Magnite, Inc. (MGNI) Q4 2022 Earnings Call Transcript

Magnite (MGNI) delivered earnings and revenue surprises of -31.43% and 13.90%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Magnite (MGNI) Q4 Earnings Miss Estimates

Magnite Reports Record Fourth Quarter and Full-Year 2022 Results

Roku

Connected TV still has a lot of growth ahead.

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Shares of the adtech stock rose in tandem with peers like The Trade Desk and Roku.

Why Magnite Stock Jumped This Week

LONDON, Feb. 16, 2023 (GLOBE NEWSWIRE) -- SpringServe, the leading independent TV ad serving platform now part of Magnite (Nasdaq: MGNI), today announced that Rakuten Advertising has adopted the SpringServe Tiles solution to strengthen the impact of ad-supported campaigns on Rakuten TV. As one of the leading VOD platforms in Europe combining TVOD, SVOD and AVOD services, integrating the SpringServe Tiles format within Rakuten TV will allow brands to balance personalisation and monetisation, while preserving the user experience.

Rakuten Advertising Adopts SpringServe Tiles to Strengthen Impact of Ad-Supported Campaigns on Rakuten TV

NEW YORK, Feb. 14, 2023 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising platform, today announced TMB (Trusted Media Brands), the leading community-driven entertainment company, has selected Magnite's Demand Manager as its pre-bid wrapper solution. TMB leverages Magnite as one of its preferred omnichannel sell-side platforms (SSPs). SpringServe, now part of Magnite, will serve as TMB's ad server of record for OTT video content.

TMB (Trusted Media Brands) Leverages Magnite SSP and SpringServe Ad Server to Streamline Omnichannel Programmatic Efficiency

Oracle

Meta, Oracle, and Magnite look like bargains for long-term investors.

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NEW YORK, Jan. 19, 2023 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising platform, will announce its financial results for the fourth quarter ended December 31, 2022 after the market close on Wednesday, February 22, 2023. The Company will host a conference call at 1:30 PM (PT) / 4:30 PM (ET) the same day to discuss its financial results and outlook.

Magnite to Announce Fourth Quarter 2022 Financial Results on February 22, 2023

Magnite (MGNI) enters a partnership with the cloud-based online video platform, Brightclove, to help it provide better opportunities to its customers to monetize the ad space.

Magnite (MGNI) Partners With Brightcove to Boost Advertising

Brightcove

BOSTON--( BUSINESS WIRE )--Brightcove Inc. (NASDAQ: BCOV), the most trusted streaming technology company in the world, today announced it has entered into a strategic relationship with Magnite (NASDAQ: MGNI), the world's largest independent sell-side advertising platform. Magnite will power advertising for any Brightcove customer, growing fill and delivery to increase customer revenue. Brightcove will also integrate the SpringServe ad server to provide publishers with greater control, insight, and transparency into available ad supply.

Brightcove and Magnite Announce Strategic Partnership to Boost Ad Monetization for CTV and Online Video (OLV) Publishers

Criteo

The collaboration will help drive growth for Criteo's retailer partners NEW YORK , Jan. 5, 2023 /PRNewswire/ -- Criteo (Nasdaq: CRTO), the commerce media company and Magnite (Nasdaq: MGNI), the world's largest independent omnichannel sell-side advertising platform, today announced a preferred relationship that will enable Criteo's global retailer partners to leverage Connected TV (CTV) through Magnite. By collaborating, retailers can drive growth by extending their audiences off-site into addressable CTV environments, in turn, providing closed-loop measurement to their brand and agency partners.

Criteo Announces Preferred Relationship with Magnite to Extend Retailer Audiences into CTV

NEW YORK, Jan. 03, 2023 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising platform, today announced that members of its executive team will participate in a fireside chat hosted by Needham analyst Laura Martin, and host in-person investor meetings at the 25th Annual Needham Growth Conference in New York City on Tuesday, January 10, 2023.

Magnite to Participate in the Needham Annual Growth Conference

Magnite (MGNI) to partner with SmartNews to serve as its supply-side platform and provide a demand manager mobile app solution.

Magnite (MGNI) to Serve SmartNews as Supply Side Platform

Magnite's Demand Manager Mobile lifts SmartNews' programmatic ad spend Magnite's Demand Manager Mobile lifts SmartNews' programmatic ad spend

SmartNews Selects Magnite as Preferred SSP in the US and Implements Demand Manager Mobile

Magnite, Inc. could be a huge beneficiary of the trend in streaming content toward ad-supported business models. Valuations are close to a bargain level, while growth rates could pick up dramatically after the current online ad spending recession ends.

News for Magnite Stock (MGNI)