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Magnite Q2 2023 Earnings Report

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$11.60 -0.70 (-5.69%)
As of 03/28/2025 04:00 PM Eastern

Magnite EPS Results

Actual EPS
-$0.04
Consensus EPS
$0.02
Beat/Miss
Missed by -$0.06
One Year Ago EPS
N/A

Magnite Revenue Results

Actual Revenue
$134.68 million
Expected Revenue
$134.56 million
Beat/Miss
Beat by +$120.00 thousand
YoY Revenue Growth
N/A

Magnite Announcement Details

Quarter
Q2 2023
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

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Magnite Earnings Headlines

Magnite Becomes Oversold (MGNI)
Magnite management to meet with B. Riley
DOGE could send 6 AI stocks through the roof
Stay alert for Elon Musk and the Department of Government Efficiency's next move … Expect an announcement from Elon any day now … Thousands of government jobs could be replaced … By a new form of AI. Recently perfected by Musk and his team at xAI.
Magnite Stock Price, Quotes and Forecasts
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About Magnite

Magnite (NASDAQ:MGNI), together with its subsidiaries, operates an independent omni-channel sell-side advertising platform in the United States and internationally. The company's platform offers applications and services for sellers of digital advertising inventory or publishers that own and operate CTV channels, applications, websites, and other digital media properties to manage and monetize their inventory; and applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory, as well as an independent marketplace that connects buyers and sellers. It markets its solutions through sales teams that operate from various locations. The company was formerly known as The Rubicon Project, Inc. and changed name to Magnite, Inc. in July 2020. Magnite, Inc. was incorporated in 2007 and is headquartered in New York, New York.

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