Market closedNon-fractional

Magnite/MGNI

13:30
14:25
15:15
16:10
17:00
1D1W1MYTD1YMAX

About Magnite

Magnite is one of the largest supply-side platform providers, or SSP, in online advertising. The firm was previously named The Rubicon Project (an online ad exchange) and became Magnite after merging with Telaria (an SSP focused mainly on streaming video providers) in 2020. The firm also purchased another of the leading SSPs within the CTV market, SpotX, in 2021 for $1.2 billion, cementing its long-term focus on grabbing market share in this area. The firm generates nearly 45% of its revenue from the programmatic sale of CTV ad inventory, 35% from mobile online sites and apps, and the remaining from websites accessed via computer.

Ticker

MGNI

Sector

Technology

Trading on

NASDAQ

Industry

Media

Headquarters

New York, United States

Employees

911

Magnite Metrics

BasicAdvanced
$1.9B
Market cap
-
P/E ratio
-$0.57
EPS
2.28
Beta
-
Dividend rate
$1.9B
2.28
1.103
1.085
86.591
89.979
-2.13%
-1.75%
-11.17%
2.91
2.72
-5.41
12.76
8.44%
-58.39%
37.45%
4.32%

What the Analysts think about Magnite

Analyst Ratings

Majority rating from 10 analysts.
Buy

Magnite Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-11.85% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$149M
-20.12%
Net income
-$18M
-157.28%
Profit margin
-11.85%
-171.69%

Magnite Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 11,555.01%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.09
$0.12
$0.29
$0.05
-
Expected
$0.03
$0.08
$0.28
$0.00
$0.15
Surprise
164.71%
50.00%
3.33%
11,555.01%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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Market closedNon-fractional

Upcoming events

No upcoming events

FAQs

What’s the current market cap for Magnite stock?

Magnite (MGNI) has a market cap of $1.9B as of July 05, 2024.

What is the P/E ratio for Magnite stock?

The price to earnings (P/E) ratio for Magnite (MGNI) stock is 0 as of July 05, 2024.

Does Magnite stock pay dividends?

No, Magnite (MGNI) stock does not pay dividends to its shareholders as of July 05, 2024.

When is the next Magnite dividend payment date?

Magnite (MGNI) stock does not pay dividends to its shareholders.

What is the beta indicator for Magnite?

Magnite (MGNI) has a beta rating of 2.28. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

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