Magnite (MGNI) Reports In-Line Q1 EPS
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Magnite Reports First Quarter 2022 Results
May 4, 2022 4:05 PM EDTTotal 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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