Magnite Reports Second Quarter 2020 Results

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Go back to Magnite Reports Second Quarter 2020 Results

Usa Graphite, Inc. (MGNI) Tops Q2 EPS by 4c, Revenues Beat

August 10, 2020 4:44 PM EDT

Usa Graphite, Inc. (NASDAQ: MGNI) reported Q2 EPS of ($0.10), $0.04 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $42.3 million versus the consensus estimate of $37.89 million.

Recent Highlights

Magnite revenue was $42.3 million for Q2 2020, up 12% from Q2 2019 on an as reported basisCTV revenue for Q2 2020 was $7.9 million up 12% year over year on a pro-forma basisCTV growth accelerated to approximately 50% year over year in Q3 since start of July on a pro-forma basisExpect... More