Magnite Reports Third Quarter 2021 Results

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Magnite (MGNI) PT Lowered to $37 at Susquehanna

November 4, 2021 6:38 AM EDT

Susquehanna analyst Shyam Patil lowered the price target on Magnite (NASDAQ: MGNI) to $37.00 (from $46.00) while maintaining a Positive rating.

The analyst commented, "MGNI posted a solid 3Q and 4Q guide, though factored in some caution into 4Q due to supply chain disruptions... More

Magnite (MGNI) Misses Q3 EPS by 4c, Revenue Beats

November 3, 2021 5:42 PM EDT

Magnite (NASDAQ: MGNI) reported Q3 EPS of $0.14, $0.04 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $131.9 million versus the consensus estimate of $116.62 million.

For earnings history and earnings-related data on Magnite (MGNI) click here.

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