Magnite(MGNI)

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Magnite(MGNI) - 2025 Q1 - Quarterly Report
2025-05-07 20:26
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, 2025 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 ...
Magnite(MGNI) - 2025 Q1 - Quarterly Results
2025-05-07 20:14
Q1 2025 Highlights: Expectations: Exhibit 99.1 Magnite Reports First Quarter 2025 Results Contribution ex-TAC Grows 12% Year-Over-Year (1) Contribution ex-TAC from CTV Grows 15% Year-Over-Year (1) Adjusted EBITDA Grows 47% Year-Over-Year (1) NEW YORK, New York – May 7, 2025 – Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today reported its results of operations for the quarter ended March 31, 2025. "We beat the high end of our CTV and DV+ top line guidance in the first quart ...
Magnite Reports First Quarter 2025 Results
Globenewswire· 2025-05-07 20:05
Contribution ex-TAC(1) Grows 12% Year-Over-Year Contribution ex-TAC(1) from CTV Grows 15% Year-Over-Year Adjusted EBITDA(1) Grows 47% Year-Over-Year NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today reported its results of operations for the quarter ended March 31, 2025. Q1 2025 Highlights: Revenue of $155.8 million, up 4% year-over-yearContribution ex-TAC(1) of $145.8 million, up 12% year-over-yearContribution ex-TAC(1) attribut ...
Comscore Launches Certified Deal IDs in Magnite’s SSP, Bringing Trusted Content Rankings to Programmatic Buying
Globenewswire· 2025-05-05 12:30
First-of-its-kind offering provides media buyers with a frictionless path to top-quality inventory contentRESTON, Va., May 05, 2025 (GLOBE NEWSWIRE) -- Comscore (NASDAQ: SCOR), a global leader in measuring and analyzing consumer behaviors, today announced a new solution to address the inventory quality challenges facing advertisers. Comscore Certified Deal IDs, initially available through Magnite's (NASDAQ: MGNI) supply-side platform (SSP), leverage Comscore's trusted content measurement rankings to offer a ...
Comscore Launches Certified Deal IDs in Magnite's SSP, Bringing Trusted Content Rankings to Programmatic Buying
GlobeNewswire News Room· 2025-05-05 12:30
RESTON, Va., May 05, 2025 (GLOBE NEWSWIRE) -- Comscore (NASDAQ: SCOR), a global leader in measuring and analyzing consumer behaviors, today announced a new solution to address the inventory quality challenges facing advertisers. Comscore Certified Deal IDs, initially available through Magnite's (NASDAQ: MGNI) supply-side platform (SSP), leverage Comscore's trusted content measurement rankings to offer advertisers a reliable path to high-quality programmatic inventory, enabling more effective campaign perfor ...
The Trade Desk vs. Magnite: Which Ad Tech Stock is the Smarter Buy?
ZACKS· 2025-04-30 16:10
Core Insights - The digital advertising market is projected to grow at a CAGR of 15.4% from 2025 to 2030, driven by mobile penetration, social media, and programmatic advertising [2] - The Trade Desk (TTD) and Magnite (MGNI) are key players in this space, with TTD focusing on demand-side solutions and MGNI on supply-side solutions [1][3] Company Analysis: The Trade Desk (TTD) - TTD reported a record-breaking spend of over $12 billion on its platform in Q4 2024, indicating strong advertiser demand [4] - The introduction of the Ventura Operating System for Connected TV (CTV) aims to enhance efficiency and targeting capabilities [4][5] - TTD's acquisition of Sincera is expected to improve its programmatic advertising platform by integrating data quality insights [5] - The company faces operational challenges due to maintaining two platforms, which could impact performance if delays occur in adopting the new Kokai platform [6] - TTD is under pressure from macroeconomic uncertainties and competition from major players like Google and Amazon [7] Company Analysis: Magnite (MGNI) - MGNI's contribution from CTV increased by 19% year-over-year for 2024, generating $607 million in contribution ex-TAC and processing over $6 billion in ad spend [8] - The company sees Netflix as a significant opportunity for growth as it expands its ad tier, expecting contribution ex-TAC growth of over 10% in 2025 [9] - MGNI's partnerships with major companies like Disney and its expansion into live sports are expected to drive further growth [10] - The SpringServe ad server and streaming SSP platform are key catalysts for MGNI, enabling direct relationships with major streaming platforms [12] - MGNI's costs per ad request have decreased significantly, with a 26% reduction for DV+ and a 45% reduction for CTV in 2024 [12] Market Performance - Both TTD and MGNI shares have declined due to a tech sell-off, with MGNI down 28.5% and TTD down 54% over the past three months [14] - TTD is considered overvalued with a Value Score of F, while MGNI has a Value Score of B [15] Valuation and Earnings Estimates - TTD's forward 12-month price/earnings ratio is 28.37X, compared to MGNI's 12.83X [17] - Analysts have revised TTD's earnings estimates downward, while MGNI's estimates remain unchanged [18][20] Investment Recommendation - MGNI is viewed as the smarter pick due to its stronger valuation, diversified partnerships, and expanding CTV footprint [21]
Western Union Media Network Taps Magnite to Expand Advertising Capabilities
Newsfilter· 2025-04-16 12:00
NEW YORK, April 16, 2025 (GLOBE NEWSWIRE) -- Magnite (NASDAQ:MGNI), the largest independent sell-side advertising company, today announced an agreement with Western Union to support growth of the financial services company's new Media Network business. In doing so, Magnite will provide Western Union with technology to buy media as an advertiser and monetize its owned media. To further increase direct access to streaming inventory, Western Union Media Network is the first commerce media company to leverage M ...
Magnite to Announce First Quarter 2025 Financial Results on May 7, 2025
Globenewswire· 2025-04-09 20:05
NEW YORK, April 09, 2025 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, will announce its financial results for the first quarter ended March 31, 2025 after the market close on Wednesday, May 7, 2025. 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. Live conference call Toll free number: (844) 875-6911 (for domestic callers)Direct dial number: (412) 902-6511 (for internati ...
Samsung Ads and Magnite Deepen Partnership to Enhance Audience Addressability in Streaming TV
Globenewswire· 2025-04-09 12:00
Samsung Ads puts the power of the world's #1 Smart TV and mobile device brand to work for businesses of all shapes and sizes. With unrivaled reach across hundreds of millions of smart devices, Samsung Ads unlocks audiences at scale, helping advertisers break through to valuable opted-in consumers in the moments that matter most. Samsung Ads offers innovative ad formats in brand-safe ad environments with full-funnel performance solutions that drive measurable outcomes –from awareness, to consideration, to co ...
Magnite's ClearLine Equips Cross Screen Media with the Tools to Maximize Voter Reach
Newsfilter· 2025-03-19 12:00
Core Insights - Magnite has expanded its partnership with Cross Screen Media following a successful 2024 election cycle, leveraging its self-service buying solution, ClearLine, to enhance advertising efficiency and voter reach [1][3] Group 1: Partnership and Technology - The partnership aims to eliminate intermediaries, allowing for more direct spending on working media and improved voter engagement [1][3] - ClearLine was utilized alongside two DSPs and a linear TV schedule in a 2024 statewide race, resulting in a 4% incremental reach over other digital and TV components and an 8% incremental reach beyond DSPs alone [2] Group 2: Market Context and Demand - With 40% of swing voters unreachable via linear TV, direct access to CTV inventory is essential for maximizing reach among likely voters [3] - The political advertising landscape demands responsive platforms that allow for quick adjustments in budgets, creatives, and targeting, which ClearLine provides [3][4] Group 3: Future Outlook - ClearLine is positioned as a future-oriented solution for political advertisers, facilitating efficient and measurable connections with voters as CTV spending continues to grow [4]