Magnite Stock (NASDAQ:MGNI)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$15.72

52W Range

$8.38 - $18.38

50D Avg

$14.79

200D Avg

$12.81

Market Cap

$2.30B

Avg Vol (3M)

$1.90M

Beta

2.43

Div Yield

-

MGNI Company Profile


Magnite, Inc. operates an independent 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 provides applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory. It markets its technology solutions to buyers and sellers through a 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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Industry

Advertising Agencies

Sector

Communication Services

Exchange

NASDAQ

ADR

-

Country

US

Employees

911

IPO Date

Apr 02, 2014

Website

MGNI Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 22Dec 21Dec 20
UNITED STATES$447.63M$365.16M$161.57M

Fiscal year ends in Dec 23 | Currency in USD

MGNI Financial Summary


Dec 23Dec 22Dec 21
Revenue$619.71M$577.07M$468.41M
Operating Income$-155.01M$-100.00M$-6.20M
Net Income$-159.18M$-130.32M$65.00K
EBITDA$-155.01M$116.05M$140.69M
Basic EPS$-1.17$-0.96-
Diluted EPS$-1.17$-0.96-

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q3 24Nov 07, 24 | 7:45 PM
Q2 24Aug 07, 24 | 8:20 PM
Q1 24May 08, 24 | 12:00 AM

Peer Comparison


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CCOClear Channel Outdoor Holdings, Inc.
CRTOCriteo S.A.
CTVInnovid Corp.
ZDZiff Davis, Inc.
IPGThe Interpublic Group of Companies, Inc.
EVCEntravision Communications Corporation
CMPRCimpress plc
STGWStagwell Inc.
DLXDeluxe Corporation