MGNI - Magnite, Inc.
NEW YORK, July 08, 2026 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, will announce its financial results for the second quarter ended June 30, 2026 after the market close on Wednesday, August 5, 2026. The Company will host a conference call at 1:30 PM (PT) / 4:30 PM (ET) the same day to discuss its financial results and outlook.
The Trade Desk (TTD) shares fell 4% in premarket trading Tuesday after Arete Research downgraded the digital advertising technology company to Sell from Neutral
Magnite's connected TV focus contrasts with Sea's vast Southeast Asian digital empire.
This digital advertising platform provider reported a notable insider sale amid ongoing shifts in the programmatic ad market.
Magnite delivered strong Q1 results, with CTV contribution ex-TAC up 30% YoY and now over 50% of total contribution. I remain bullish and reiterate my buy rating, citing positive sentiment, robust CTV growth, and improved profitability metrics including a 27% adj. EBITDA margin. MGNI paid down $205M in senior notes, reducing net leverage to 0.7x and aligning with management's target of less than 1x.
Magnite (MGNI) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
LONDON, June 17, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today announced a partnership with Viasat Aviation, the in-flight connectivity leader behind Viasat Ads. This collaboration brings programmatic advertising to in-flight Wi-Fi and entertainment, giving brands and ad buyers scaled access to highly engaged audiences in the sky.
A first-of-its-kind publisher operating system that incorporates editorial, native and programmatic demand into the feed to drive maximum revenue. In strategic partnership with Magnite.
NEW YORK, June 11, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ:MGNI), the largest independent sell-side advertising company, today announced the launch of Magnite Orchestration, a coordination layer that enables buyers to connect their buyer agents to Magnite's seller agent and build on the industry's largest pool of premium inventory, supply-side intelligence, and automation. Magnite is also expanding its buyer agent and seller agent capabilities, and is testing with partners including dentsu and DIRECTV Advertising.
Magnite is poised for a recovery in 2026, supported by strong Q1 results and attractive valuation metrics. Q1 2026 revenue grew 5.5% YoY to $164M, with adjusted EBITDA up 16% and net income turning positive. MGNI's PEG ratio dropped to 0.37, reflecting compelling value given expected 27% earnings growth in 2026 and margin expansion.
MUMBAI, India, June 04, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI) and its affiliates, together the largest independent sell-side advertising company, announced an expanded partnership with JioHotstar, India's biggest premium entertainment destination. As part of the collaboration, JioHotstar is leveraging Magnite's SpringServe to power advanced mediation across JioHotstar's live streaming, sports, and entertainment portfolio.
MUMBAI, India, June 04, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ:MGNI) and its affiliates, together the largest independent sell-side advertising company, announced an expanded partnership with JioHotstar, India's biggest premium entertainment destination. As part of the collaboration, JioHotstar is leveraging Magnite's SpringServe to power advanced mediation across JioHotstar's live streaming, sports, and entertainment portfolio.
Collaboration builds on existing partnership in EMEA to support more intelligent, efficient and transparent CTV activation across premium inventory Collaboration builds on existing partnership in EMEA to support more intelligent, efficient and transparent CTV activation across premium inventory
STOCKHOLM, June 03, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, has announced a partnership with dentsu in Sweden to help accelerate innovation and performance across the media supply chain. This builds on the companies' existing EMEA partnership which sees dentsu leverage Magnite's built-for-video tools and technology to power AMX Premium Video, dentsu's premium video solution delivering improved reach and efficiency.
MGNI is gaining CTV share, expanding EBITDA margins and investing in AI - while The Trade Desk faces slower Q2 growth.
Magnite, Inc. (MGNI) Q1 2026 Earnings Call Transcript
Magnite (MGNI) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.12 per share a year ago.
Contribution ex-TAC (1) Grows 10% Year-Over-Year Contribution ex-TAC (1) from CTV Grows 30% Year-Over-Year and Now Over 50% of Total NEW YORK, May 06, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today reported its results of operations for the quarter ended March 31, 2026. Q1 2026 Highlights: Revenue of $164.4 million, up 6% year-over-year Contribution ex-TAC(1) of $160.9 million, up 10% year-over-year, at the high end of the guidance range of $157 to $161 million Contribution ex-TAC(1) attributable to CTV of $82.3 million, up 30% year-over-year, within the guidance range of $81 to $83 million Contribution ex-TAC(1) attributable to DV+ of $78.6 million, down 5% year-over-year, exceeded high end of guidance of $76 to $78 million Net income of $4.4 million, or $0.03 per diluted share, compared to a net loss of $9.6 million, or $0.07 per share for Q1 2025 Adjusted EBITDA(1) of $42.9 million, up 16% year-over-year, representing a 27% Adjusted EBITDA margin(2), compared to Adjusted EBITDA(1) of $36.8 million or a 25% margin in Q1 2025 Non-GAAP earnings per share(1) of $0.13, compared to non-GAAP earnings per share(1) of $0.12 for Q1 2025 Operating cash flow(3) of $23.3 million Q2 2026 Expectations: Total Contribution ex-TAC(1) to be between $177 million and $181 million Contribution ex-TAC(1) attributable to CTV to be between $90 million and $92 million Contribution ex-TAC(1) attributable to DV+ to be between $87 million and $89 million Adjusted EBITDA operating expenses(4) to be between $115 million and $117 million Full-Year 2026 Expectations: Reaffirm total Contribution ex-TAC(1) growth of at least 11% Reaffirm Adjusted EBITDA(1) percentage growth in the mid-teens Raise Adjusted EBITDA margin(2) to be at least 35.5% from greater than 35% Raise free cash flow(5) growth to be in the mid 30% range from greater than 30% “Magnite once again exceeded total top and bottom line expectations, with growth paced by CTV at 30%.
NEW YORK, April 30, 2026 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, today announced that members of its executive team will participate and host investor meetings at the following financial conferences:
Definitive Healthcare (DH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.