Shares of Magnite (MGNI) have been struggling lately and have lost 5.8% over the past week. However, a hammer chart pattern was formed in its last trading session, which could mean that the stock found support with bulls being able to counteract the bears. So, it could witness a trend reversal down the road. While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street analysts about the future earnings ...

Magnite, Inc. (NASDAQ:MGNI) Q2 2024 Earnings Conference Call August 7, 2024 4:30 PM ET Company Participants Nick Kormeluk - VP of Investor Relations & Head of Global Real Estate Michael Barrett - President, CEO & Director David Day - Chief Financial Officer Conference Call Participants Shyam Patil - Susquehanna International Group Arthur Chu - BofA Jason Kreyer - Craig Hallum Capital Group Laura Martin - Needham and Company Ian Peterson - Evercore ISI Matt Swanson - RBC Capital Markets Eric Martinuzzi - Lak ...

Magnite (MGNI) came out with quarterly earnings of $0.14 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this digital ad exchange operator would post a loss of $0.02 per share when it actually produced earnings of $0.05, delivering a surprise of 350%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Magnite, which belo ...

Fćnÿnāćÿl HćąĆlćąĆts Q2 2024 © Magnite | 1 August 7, 2024 Magnite SÿĄă HÿrĀor FORWARD-LOOKING STATEMENTS This presentation and management's prepared remarks during the conference call referred to above include, and management's answers to questions during the conference call may include, forward-looking statements, including statements based upon or relating to our expectations, assumptions, estimates, and projections. In some cases, you can identify forward-looking statements by terms such as "may," "might ...

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 June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _____________ Indicate by check mark whether the registrant (1) has filed all reports ...

Exhibit 99.1 Magnite Reports Second Quarter 2024 Results Total Revenue Grows 7% & Contribution ex-TAC Grows 9% Year-Over-Year (1) Contribution ex-TAC from CTV Grows 12% Year-Over-Year (1) NEW YORK, New York – August 7, 2024 – Magnite (NASDAQ: MGNI), the world's largest independent sell-side advertising company, today reported its results of operations for the quarter ended June 30, 2024. Q2 2024 Highlights: • Revenue of $162.9 million, up 7% year-over-year (1) • Contribution ex-TAC of $146.8 million, up 9% ...

NEW YORK, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the world's largest independent sell-side advertising company, today introduced automated wrapper management within Demand Manager to help publishers grow revenue and increase efficiency. Built on Prebid technology, Demand Manager gives publishers the yield management tools, reporting insights, and data enrichment connections that align with publishers' business strategies and goals. Using machine learning, the feature finds the optimal con ...

NEW YORK, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the world's largest independent sell-side advertising company, today introduced automated wrapper management within Demand Manager to help publishers grow revenue and increase efficiency. Built on Prebid technology, Demand Manager gives publishers the yield management tools, reporting insights, and data enrichment connections that align with publishers' business strategies and goals. Using machine learning, the feature finds the optimal con ...

New contextual categories powered by program-level Gracenote metadata available for Q4 campaigns with Cineverse, DIRECTV Advertising, Philo, Tastemade and Xumo to help buyers target key audiences at scale Publishers including Cineverse, DIRECTV Advertising, Philo, Tastemade and Xumo can enhance their programming with Gracenote Contextual Video Data which describes individual TV shows and movies to provide more visibility and transparency for media buyers who want additional signals around content. Agencies ...

TORONTO, July 9, 2024 /PRNewswire/ - Magnite (NASDAQ: MGNI), the largest independent sellside advertising company, today announced TELUS (TSX: T) (NYSE: TU), a world-leading communications technology company, has selected Magnite's SpringServe ad server and Magnite Streaming SSP as its preferred ad technology solutions in Canada. TELUS will utilize Magnite's ad server for its Free Ad-Supported TV (FAST) and online video advertising inventory. Magnite's SpringServe ad serving platform is built for connected ...