Magnite (MGNI) Tops Q1 EPS by 4c

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Magnite Reports First Quarter 2024 Results

May 8, 2024 4:05 PM EDT

Total Revenue Grows 15% & Contribution ex-TAC(1) Grows 12% Year-Over-Year

Contribution ex-TAC(1) from CTV Grows 18% Year-Over-Year

NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the world's largest independent sell-side advertising company, today reported its results of operations for the quarter ended March 31, 2024.

Q1 2024 Highlights:

Revenue of $149.3 million, up 15% year-over-yearContribution ex-TAC(1) of $130.6 million, up 12%... More