Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Sales and marketing

Technology and development

General and administrative

Merger, acquisition, and restructuring costs

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

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 2021

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Magnite reports strong Q4 performance, eyes CTV market leadership

Magnite's strong Q4 2022 performance and strategic partnerships position it well for revenue growth and market leadership in 2023.
Challenges in CTV growth and ad spend visibility require focus, while opportunities in market shifts and programmatic offerings offer avenues for expansion.
Cost optimization, margin expansion, and evolving partnerships are key focus areas for Magnite in navigating industry dynamics and driving growth.
Overall, Magnite's focus on CTV ad market leadership, programmatic growth, and strategic partnerships set the stage for a promising 2023.

Magnite excels in Q1 2023, eyes CTV market share growth

Magnite's Q1 2023 showcased strong financial performance, strategic advancements in CTV, and a positive outlook for the year. The company's differentiated market position and focus on debt reduction and financial metrics improvement are key highlights.

Magnite reports solid Q2 performance, faces challenges in managed services

Magnite's Q2 2023 showed solid revenue growth and strategic initiatives to enhance offerings. Challenges include financial losses and macro issues impacting managed services. Opportunities lie in strong Q3 expectations and international market performance.

Magnite exceeds Q3 guidance, secures key partnerships amid market challenges

Magnite's Q3 performance showcased financial strength and market share growth, despite challenges like delayed upfronts and live sports advertising complexities.
Noteworthy wins with Disney+ and Paramount Advertising highlight Magnite's ability to secure key partnerships and drive revenue growth.
Integration with Freewheel and expectations for Q4 and FY '24 present opportunities for Magnite to further expand its market presence and improve profitability.

Magnite surpasses Q4 expectations, poised for growth in 2024

Magnite's Q4 2023 performance exceeded expectations, with strong financials and partnerships driving growth. The company's focus on innovation, international expansion, and technology readiness positions them for success.
While facing challenges from industry dynamics and competition, Magnite's strengths in partnerships, product development, and market positioning offer resilience. Opportunities in ad spend growth, new formats, and investor engagement pave the way for future success.
Overall, Magnite's strategic outlook for 2024 is optimistic, with a clear roadmap for growth and a commitment to staying ahead in the evolving digital advertising landscape. Investor events and industry partnerships underscore their readiness for the future.

Magnite surpasses Q1 expectations, eyes CTV growth and strategic partnerships

Magnite's strong Q1 performance, strategic partnerships, and optimistic outlook on CTV and political advertising indicate a promising trajectory. The company's focus on operational efficiency and market expansion positions it well for future growth and profitability.

Magnite exceeds Q2 guidance, poised for CTV leadership and growth

Magnite's Q2 performance reflects strong financial results and strategic positioning in the CTV space, with a focus on innovation and growth.
While facing challenges in profitability and evolving industry landscapes, Magnite remains optimistic about future prospects and opportunities for expansion.
Overall, Magnite's emphasis on partnerships, technology advancements, and positive guidance signals a promising trajectory for the company in the digital advertising market.

Magnite excels in Q3 with accelerated CTV growth and strategic partnerships

Magnite's Q3 performance was marked by strong CTV growth, strategic partnerships, and improved financial metrics. The company's focus on innovation, partnerships, and financial discipline positions it well for sustained growth and profitability in the evolving digital advertising landscape.

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Cost of revenue

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Net income

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Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

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Cash from financing

Change in stock

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Net change in cash

Free cash flow

AST SpaceMobile

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Expanded Partnership Extends Automated Advertising Capability Across Spectrum's Linear and Streaming TV Inventory Expanded Partnership Extends Automated Advertising Capability Across Spectrum's Linear and Streaming TV Inventory

Magnite and Spectrum Reach Team Up To Enhance Access to Programmatic Advertising

NEW YORK, June 17, 2024 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today announced it will power the delivery of advertising on United Airlines' inflight personal device entertainment (PDE) platform. United's PDE platform allows customers to stream entertainment content on their own devices, such as phones, tablets, and laptop computers. The partnership follows the recent launch of Kinective Media by United Airlines, which allows advertisers to reach United travelers and MileagePlus members throughout their travel journeys and beyond.

United Selects Magnite's SpringServe to Power Advertising Solution for Inflight Personal Device Entertainment

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Magnite's growth rate is picking up, and new partnerships could help it sustain recent growth. Media companies are increasingly consolidating their software providers to bigger companies, and Magnite is one of the biggest there is.

Why Magnite Stock Jumped 40% Last Month

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One analyst is recommending that investors buy Magnite stock in light of the company's recent partnerships. Connected-TV revenue is quickly approaching a majority of its business, and it could carry the stock to further gains as adoption grows.

Here's Why Magnite Stock Is Jumping Today

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REDWOOD CITY, Calif.--(BUSINESS WIRE)--Shopsense AI announced today that it is partnering with Magnite to launch programmatic advertising across its retail media platform.

Shopsense AI Activates Retail Media Advertising with Magnite Across Launch Partner Paramount Global

Streaming pioneer Netflix unveiled plans to bring its advertising in-house. The company said it will partner with Magnite, among others.

Why Magnite Stock Rocketed Higher on Thursday

Magnite delivered solid growth on the top and bottom lines. The company is beginning to capitalize on the rebound in digital advertising.

Why Magnite Stock Popped Today

Magnite, Inc. (NASDAQ:MGNI ) Q1 2024 Earnings Conference Call May 8, 2024 4:30 PM ET Company Participants Nick Kormeluk - IR Michael Barrett - President and CEO David Day - CFO Conference Call Participants Shyam Patil - Susquehanna Laura Martin - Needham Jason Kreyer - Craig-Hallum Matt Swanson - RBC Capital Markets Zach Cummins - B. Riley FBR Dan Kurnos - The Benchmark Company Operator Good day and welcome to the Magnite First Quarter 2024 Earnings Conference Call.

Magnite, Inc. (MGNI) Q1 2024 Earnings Call Transcript

Magnite (MGNI) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. This compares to earnings of $0.04 per share a year ago.

Magnite (MGNI) Tops Q1 Earnings and Revenue Estimates

Trade Desk

Roku and Alphabet's recent results point to a revived digital ad market. This positive trend should reward nimble digital ad tech companies like Magnite and The Trade Desk.

2 Digital Ad Tech Stocks to Buy Hand Over Fist in April

AUSTIN, Texas--(BUSINESS WIRE)--KERV Interactive, the leader in AI-powered video analysis, performance and monetization, and Magnite (NASDAQ: MGNI), the world's largest independent sell-side advertising company, have joined forces to deliver immersive advertising experiences at scale. Marketers can now layer KERV's portfolio of AI-powered interactive and shoppable video capabilities across Magnite's omnichannel inventory from leading publishers. “Over the past year, we've seen a significant inc.

KERV Interactive Partners with Magnite to Deliver AI-Powered Interactive Video Ads Programmatically, at Scale

In the most recent trading session, Magnite (MGNI) closed at $9.97, indicating a +1.22% shift from the previous trading day.

Magnite (MGNI) Rises Higher Than Market: Key Facts

NEW YORK, April 08, 2024 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the world's largest independent sell-side advertising company, will announce its financial results for the first quarter ended March 31, 2024 after the market close on Wednesday, May 8, 2024. 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 First Quarter 2024 Financial Results on May 8, 2024

Disney

Magnite is recommended as a buy, with potential for growth in line with the industry and a positive impact from the Disney deal. Concerns about the Disney deal are overblown, as MGNI will still play a crucial role in powering the technology and receiving recurring fees. The Company has multiple growth drivers, including live-streamed sports and Amazon's ad tier expansion, which should fuel future growth.

Magnite: Impact From The Disney Deal Is Not As Bad As It Sounds

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Buyers using Mediaocean's Prisma Platform will have turnkey access to CTV and OLV supply via Magnite's ClearLine solution Buyers using Mediaocean's Prisma Platform will have turnkey access to CTV and OLV supply via Magnite's ClearLine solution

Mediaocean and Magnite Strike Exclusive Partnership to Automate Media Planning, Execution, and Reconciliation in Streaming TV

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Investors with an interest in Internet - Software stocks have likely encountered both Magnite (MGNI) and Palo Alto Networks (PANW). But which of these two stocks is more attractive to value investors?

MGNI vs. PANW: Which Stock Should Value Investors Buy Now?

Here is how Magnite (MGNI) and Nova Ltd. (NVMI) have performed compared to their sector so far this year.

Is Magnite (MGNI) Stock Outpacing Its Computer and Technology Peers This Year?

The average of price targets set by Wall Street analysts indicates a potential upside of 27.5% in Magnite (MGNI). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Think Magnite (MGNI) Could Surge 27.48%: Read This Before Placing a Bet

Magnite, Inc. (MGNI) Q4 2023 Earnings Call Transcript

Total Revenue up 7% & Contribution ex-TAC (1) up 6% in Fourth Quarter Adjusted EBITDA Margin (2) of 43% in Fourth Quarter Full-Year 2023 CTV Ad Spend (3) Growth Over 20% NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the world's largest independent sell-side advertising company, today reported its results of operations for the fourth quarter and year ended December 31, 2023. Recent Highlights: Revenue of $186.9 million for Q4 2023, up 7% from Q4 2022 Contribution ex-TAC(1) of $165.3 million for Q4 2023, exceeded guidance of $158 to $162 million, and was up 6% from Q4 2022 Contribution ex-TAC(1) attributable to CTV for Q4 2023 was $63.5 million, exceeded guidance of $61 to $63 million, and was down 2% year-over-year Contribution ex-TAC(1) attributable to DV+ for Q4 2023 was $101.8 million, exceeded guidance of $97 to $99 million, and was up 11% year-over-year Net income for Q4 2023 of $30.9 million, or $0.16 per diluted share, compared to a net loss of $36.4 million, or $0.27 per share for Q4 2022 Adjusted EBITDA(1) of $70.4 million in Q4 2023 representing a 43% Adjusted EBITDA margin(2), compared to Adjusted EBITDA(1) of $64.2 million, a margin of 41% for Q4 2022 Non-GAAP diluted earnings per share(1) of $0.29 for Q4 2023, compared to $0.24 non-GAAP diluted earnings per share(1) for Q4 2022 Operating cash flow(4) in Q4 2023 was $58.6 million Expectations: Total Contribution ex-TAC(1) for Q1 2024 to be between $122 and $126 million Contribution ex-TAC(1) attributable to CTV for Q1 2024 to be between $49 and $51 million Contribution ex-TAC(1) attributable to DV+ for Q1 2024 to be between $73 and $75 million Adjusted EBITDA operating expenses(5) for Q1 2024 to be between $106 and $108 million Adjusted EBITDA operating expenses(5) for Q2 2024 to be between $101 and $103 million Total Contribution ex-TAC(1) growth of approximately 10% for the full-year 2024, with CTV growing faster than DV+ Adjusted EBITDA margin(2) expansion of 100 basis points for 2024 Double digit percentage growth of Adjusted EBITDA(1) for 2024, and even higher growth in free cash flow(6) “We delivered a strong fourth quarter with CTV and DV+ revenue both exceeding the high end of our guidance ranges.

News for Magnite Stock (MGNI)