NEW YORK, May 13, 2024 (GLOBE NEWSWIRE) -- Magnite (NASDAQ:MGNI), the largest independent sell-side advertising company, today announced that members of its executive team will participate and host in-person investor meetings at the following financial conferences: 19th Annual Needham Technology, Media and Consumer Conference in New York City on Tuesday, May 14 and Wednesday, May 15. Management will present on May 15 at 10:15 a.m. ET.B. Riley Securities 24th Annual Investor Conference in Beverly Hills on We ...

Shares of the adtech company gained on a better-than-expected earnings report.Shares of Magnite (MGNI 12.70%), the supply-side adtech company, were moving higher today after it topped estimates on the top and bottom lines in its first-quarter earnings report as it appears to be benefiting from the recovery in the digital advertising market.As of 10:35 a.m. ET, the stock was up 12.7% on the news. Magnite sees accelerating revenue growthMagnite, which was formed by a series of mergers and acquisitions to crea ...

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 350%. A quarter ago, it was expected that this digital ad exchange operator would post earnings of $0.03 per share when it actually produced earnings of $0.16, delivering a surprise of 433.33%.Over the last four ...

Magnite Magnite We do not provide a reconciliation of our non-GAAP financial expectations for Contribution ex-TAC and Adjusted EBITDA, or a forecast of the most comparable GAAP measures, because the amount and timing of many future charges that impact these measures (such as amortization of future acquired intangible assets, acquisition-related charges, foreign exchange (gain) loss, net, stock-based compensation, impairment charges, provision or benefit for income taxes, and our future revenue mix), which c ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________ FORM 10-Q __________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _____________ Commission File Number: 001-36384 __________________ MAGNITE, INC. (Exa ...

Exhibit 99.1 Magnite Reports First Quarter 2024 Results Total Revenue Grows 15% & Contribution ex-TAC Grows 12% Year-Over-Year (1) Contribution ex-TAC from CTV Grows 18% Year-Over-Year (1) NEW YORK, New York – May 8, 2024 – Magnite (NASDAQ: MGNI), the world's largest independent sell-side advertising company, today reported its results of operations for the quarter ended March 31, 2024. Q1 2024 Highlights: Expectations: "We once again beat the high end of our top line guidance in the first quarter, with con ...

The online advertising market is getting back on its digital feet. These two digital ad tech stocks are poised to perform in this sector rebound.April is drawing to a close. Tax season is behind us, the kids only have a few more weeks of school, and spring has sprung.Meanwhile, the first-quarter earnings season is just starting up. Online ad giants Roku (ROKU -10.29%) and Alphabet (GOOG 9.96%) (GOOGL 10.22%) posted analyst-stumping results last week, suggesting that the digital ad tech industry is back on s ...

In the latest trading session, Magnite (MGNI) closed at $9.97, marking a +1.22% move from the previous day. The stock exceeded the S&P 500, which registered a gain of 0.15% for the day. Meanwhile, the Dow experienced a drop of 0.02%, and the technology-dominated Nasdaq saw an increase of 0.32%.Shares of the digital ad exchange operator have depreciated by 13.22% over the course of the past month, underperforming the Computer and Technology sector's gain of 1.32% and the S&P 500's gain of 1.65%.Market partic ...

NEW YORK, March 14, 2024 (GLOBE NEWSWIRE) -- Magnite (NASDAQ:MGNI), the largest independent sell-side advertising company, and Mediaocean, the mission-critical platform for omnichannel advertising, today announced an exclusive partnership to bring deeper automation and greater supply path efficiency to Mediaocean's Prisma buyers for connected TV (CTV) and online video (OLV). This partnership enables Prisma users to activate streaming campaigns directly with premium video sellers through Magnite's ClearLine ...

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? We'll need to take a closer look to find out.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Styl ...