Magnite (MGNI) Tops Q1 EPS by 3c, Revenues Beat

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Magnite Reports First Quarter 2021 Results

May 10, 2021 4:05 PM EDT

Magnite Total Revenue of $60.7 million for Q1, up 67% Year over Year

Newly Acquired SpotX Accelerates CTV Scale and Growth

LOS ANGELES, May 10, 2021 (GLOBE NEWSWIRE) -- Magnite, Inc. (Nasdaq: MGNI), the world's largest independent omnichannel sell-side advertising platform, today reported its results of operations for the quarter ended March 31, 2021. First quarter 2021 financial results of Magnite represent the combined performance of Magnite and Telaria, which merged on April 1, 2020. First quarter 2020 comparative numbers do not include results from Telaria, unless noted as pro-forma.

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