Magnite Stock News

Reduces Interest Rate by an Additional 75 Basis Points Over $2.7 M illion in Yearly Interest Payment Savings NEW YORK, March 18, 2025 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the world's largest independent sell-side advertising company, today announced the second successful repricing of its $363 million senior secured term loan facility (Term Loan) due February 2031. The repricing reduces t...

Magnite's growth in the connected television market and strategic partnerships have positioned it as a dominant supply side advertiser. Despite a recent dip in their share price, Magnite's earnings showed strong topline growth, though guidance for 2025 was more moderate than expected. Magnite has significantly deleveraged its balance sheet, enhancing financial stability, and maintains a Strong ...

Magnite, Inc.'s Q4 revenue grew 3.8% y/y to $194m, beating estimates by $10m, but non-GAAP EPS missed by 5 cents. CTV segment showed strong growth at 22.6% y/y, while the Mobile and Desktop segments remained flat, impacting overall performance. Despite decent financial health and promising CTV prospects, market volatility and lackluster guidance lead to a hold rating.

Magnite, Inc. (NASDAQ:MGNI ) Q4 2024 Earnings Conference Call February 26, 2025 4:30 PM ET Company Participants Nick Kormeluk - Head, Investor Relations Michael Barrett - Chief Executive Officer David Day - Chief Financial Officer Conference Call Participants Jason Kreyer - Craig-Hallum Dan Kurnos - The Benchmark Company Laura Martin - Needham & Company Shweta Khajuria - Wolfe Research Matt Swa...

Though not as safe a bet as safe-haven assets like precious metals, value stocks are nonetheless an enticing option for investors when the market gets bumpy. An undervalued company that has excellent fundamentals but a less-than-stellar recent stock performance history is often better positioned to benefit during periods of volatility than growth names with less of a track record of success.

NEW YORK, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, today announced that members of its executive team will host in-person investor meetings at the Susquehanna Financial Group 14th Annual Technology Conference in New York City on Thursday, February 27, 2025. About Magnite We're Magnite (NASDAQ: MGNI), the world's largest ind...

AUCKLAND, New Zealand, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, is working with Sky New Zealand to power programmatic advertising on Sky's premium live and on-demand sports streaming platform, Sky Sport Now. Following the recent launch of digital advertising on Sky Sport Now, buyers will have programmatic access to the plat...

Advertisers can now buy Samsung TV Plus inventory programmatically in Singapore, the Philippines, and Thailand through Magnite Advertisers can now buy Samsung TV Plus inventory programmatically in Singapore, the Philippines, and Thailand through Magnite