Magnite: Q2 Earnings Insights

Magnite MGNI reported its Q2 earnings results on Tuesday, August 9, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Magnite missed estimated earnings by 17.65%, reporting an EPS of $0.14 versus an estimate of $0.17.

Revenue was up $23.24 million from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 3.01% increase in the share price the next day.

Here's a look at Magnite's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.08	0.24	0.18	0.12
EPS Actual	0.08	0.26	0.14	0.11
Revenue Estimate	107.01M	140.02M	116.62M	94.10M
Revenue Actual	118.08M	161.29M	131.87M	114.54M

To track all earnings releases for Magnite visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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