Magnite Reports Fourth Quarter 2020 Results

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Magnite (MGNI) Tops Q4 EPS by 5c, Revenues Beat

February 24, 2021 5:10 PM EST

Magnite (NASDAQ: MGNI) reported Q4 EPS of $0.19, $0.05 better than the analyst estimate of $0.14. Revenue for the quarter came in at $82 million versus the consensus estimate of $75.16 million.

Recent Highlights

Revenue was $82.0 million for Q4 2020, up 69% from Q4 2019 on an as reported basis, and up 20% on a pro forma basis(1)CTV revenue for Q4 2020 was $15.3 million, up 53% on a pro forma... More