Magnite: Q4 Earnings Insights

Magnite MGNI reported its Q4 earnings results on Wednesday, February 28, 2024 at 04:05 PM.

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

Magnite beat estimated earnings by 7.000000000000001%, reporting an EPS of $0.29 versus an estimate of $0.27.

Revenue was up $11.53 million from the same period last year.

Last quarter the company beat on EPS by $0.04 which was followed by a 0.0% increase in the share price the next day.

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

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.08	0.03	-0.04	0.32
EPS Actual	0.12	0.09	0.04	0.24
Revenue Estimate	130.24M	134.28M	110.91M	153.73M
Revenue Actual	150.09M	152.54M	130.15M	175.40M

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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