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Magnite: Q4 Earnings Insights

Author: Benzinga Insights | February 28, 2024 05:20pm

Magnite (NASDAQ: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.

Earnings

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.

Past Earnings Performance

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.

Posted In: MGNI

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