Magnite (MGNI) Tops Q3 EPS by 10c

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Magnite Reports Third Quarter 2020 Results

November 9, 2020 4:05 PM EST

CTV Revenue Grew 51% Year over Year, on a Pro-Forma Basis

Company Posts Adjusted EBITDA Margin of 23% in Quarter

LOS ANGELES--(BUSINESS WIRE)-- Magnite, Inc. (Nasdaq: MGNI), the largest independent sell-side advertising platform, today reported its results of operations for the third quarter ended September 30, 2020. Third quarter 2020 financial results of Magnite represent the combined performance of Rubicon Project and Telaria, which merged on April 1, 2020. Third quarter 2019 comparative numbers do not include results from Telaria, unless noted as pro-forma.

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