CSIMarket
 
Magnite Inc   (MGNI)
Other Ticker:  
 
 
Price: $12.2300 $0.21 1.747%
Day's High: $12.4 Week Perf: 25.18 %
Day's Low: $ 11.77 30 Day Perf: 38.19 %
Volume (M): 1,980 52 Wk High: $ 15.73
Volume (M$): $ 24,214 52 Wk Avg: $9.79
Open: $12.21 52 Wk Low: $6.28



 Market Capitalization (Millions $) 1,664
 Shares Outstanding (Millions) 136
 Employees 876
 Revenues (TTM) (Millions $) 620
 Net Income (TTM) (Millions $) -159
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 37

Magnite Inc
Our platform features applications and services for sellers of digital advertising inventory, or publishers, that own and operate CTV channels, applications, websites and other digital media properties, to manage and monetize their inventory; applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms, ("DSPs"), to buy digital advertising inventory; and a transparent, independent marketplace that brings buyers and sellers together and facilitates intelligent decision making and automated transaction execution at scale. Our clients include many of the world's leading buyers and sellers of digital advertising inventory. Our platform processes trillions of ad requests per month allowing buyers access to a global, scaled, independent alternative to "walled gardens," who both own and sell inventory and maintain control on the demand side.
We provide a full suite of tools for sellers to control their advertising business and protect the consumer viewing experience. These tools are particularly important to CTV sellers who need to ensure a TV-like viewing and advertising experience for consumers. For instance, our "ad-pod" feature provides publishers with a tool analogous to commercial breaks in traditional linear television so that they can request and manage several ads at once from different demand sources. Using this tool, publishers can establish business rules such as competitive separation of advertisers to ensure that competing brand ads do not appear during the same commercial break. In addition, we offer audio normalization tools to control for the volume of an ad relative to content, frequency capping to avoid exposing viewers to repetitive ad placements, and creative review so that a publisher can review and approve the ad units being served to its properties.
Digital advertising inventory is created when consumers access sellers content. Sellers provide digital advertising inventory to our platform in the form of advertising requests, or ad requests. When we receive ad requests from sellers, we send bid requests to buyers, which enable buyers to bid on sellers' digital advertising inventory. Winning bids can create advertising, or paid impressions, for the seller to present to the consumer. The price that buyers pay for each thousand paid impressions purchased is measured in units referred to as CPM, or cost per thousand, and the total volume of spending between buyers and sellers on our platform is referred to as advertising spend.
We generate revenue from the use of our platform for the purchase and sale of digital advertising inventory. Generally, our revenue is based on a percentage of the ad spend that runs through our platform, although for certain clients or transaction types we may receive a fixed CPM for each impression sold, and for advertising campaigns that are transacted through insertion orders we earn revenue based on the full amount of ad spend that runs through our platform.


   Company Address: 1250 Broadway, New York, 10001 NY
   Company Phone Number: 243-2769   Stock Exchange / Ticker: NASDAQ MGNI
   


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
GOOG   -4.21%    
IAS   -39.54%    
META        2.29% 
TBLA   -7.66%    
TTD        2.07% 
VMEO        19.29% 
• View Complete Report
   



Magnite Inc

Magnite Inc Surpasses Expectations with Strong Fourth Quarter Performance

As published in the on
Magnite Inc Implements Strategic Financial Moves to Drive Growth
I am thrilled to report on the recent financial performance of Magnite Inc, the world's largest independent sell-side advertising company. Magnite has taken significant measures to strengthen its position in the market and enhance shareholder value through strategic financial moves. A notable announcement is the unveiling of a $125 million repurchase plan, indicative of the company's commitment to long-term growth and generating value for its shareholders.
In the financial fourth quarter of 2023, Magnite demonstrated a remarkable turnaround, reaching profitability and posting an Income per Share of $0.22, a stark contrast from the previous year's loss of $-0.27 per share. Additionally, the net profit per share turned positive, marking a significant improvement from the negative $-0.13 per share in the previous reporting period. These financial achievements are a clear testament to Magnite's effective financial management and strategic decision-making.

Financing Agreement

Magnite Expands Financial Arsenal with Closing of New Senior Secured Revolving Credit and Term Loan Facilities, Setting Stage for Future Growth

Published Tue, Feb 6 2024 9:05 PM UTC

Magnite Implements Strategic Financial Moves to Drive Growth
In a recent announcement, Magnite, the leading independent sell-side advertising platform, revealed its plans to enhance shareholder value through a new $125 million repurchase plan. This move comes as Magnite takes initiatives to optimize its capital structure and bolster its financial position, continuing the...

Financing Agreement

Magnite Embarks on Strategic Refinancing Endeavor to Strengthen Market Position and Capitalize on Advertising Industry Evolution

Published Mon, Jan 22 2024 10:00 AM UTC

Magnite Announces Intention to Refinance Existing Credit Facilities
NEW YORK, Jan. 22, 2024 - Magnite (NASDAQ: MGNI), the world's largest independent sell-side advertising company, has made a significant announcement regarding its plans to refinance its outstanding senior secured credit facilities. This strategic move reflects the company's commitment to optimizing its f...

Contract

Serving Ads with Precision: Tennis Australia Bets on Magnite's Programmatic Advertising Ahead of the Australian Open

Published Wed, Jan 10 2024 8:00 PM UTC

Tennis Australia is set to revolutionize their advertising game as they make their first foray into programmatic advertising, powered by Magnite, the global giant in independent sell-side advertising. Breaking new grounds, Tennis Australia will be tapping into the prowess of Demand Manager, Magnite's Prebid header bidding wrapper solution, for their display and mobile invent...

Partnership

Greenbids Partners with Magnite to Cut Carbon Emissions in Digital Advertising: Successful Campaign Boosts Sustainability Efforts

Published Wed, Nov 22 2023 8:00 AM UTC



In an exciting move towards sustainability, Greenbids, a prominent digital advertising platform, has chosen Magnite as its first Supply-Side Platform (SSP) to help reduce the environmental impact of digital advertising. Greenbids recently conducted a trial campaign with a leading French advertiser, which demonstrated an impressive carbon emission reduction of 24% w...






 

Magnite Inc's Segments
 
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Magnite Inc does not provide revenue guidance.

Earnings Outlook
Magnite Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com