Magnite (MGNI) Reports In-Line Q1 EPS

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Go back to Magnite (MGNI) Reports In-Line Q1 EPS

Magnite Reports First Quarter 2022 Results

May 4, 2022 4:05 PM EDT

Total Revenue Grows over 90%

CTV Represents 40% of Revenue ex-TAC in Q1 2022

Adjusted EBITDA Increases 208% Year-Over-Year

NEW YORK, May 04, 2022 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the world's largest independent sell-side advertising platform, today reported its results of operations for the quarter ended March 31, 2022. First quarter 2022 financial results of Magnite represent the combined performance of Magnite, SpotX, and SpringServe. First quarter 2021 comparative numbers do not include results from SpotX and SpringServe, unless noted as pro-forma(1).

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