Magnite (MGNI) Tops Q1 Earnings and Revenue Estimates

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 ...