LG Ads Solutions Earlier Announced Co Enables Data-Driven Planning, Activation, Measurement And Advanced Analytics For Media Buyers With Magnite
Magnite (NASDAQ:MGNI), the world's largest independent omnichannel sell-side advertising platform, today announced a multi-year deal with LG Ads Solutions, the connected TV and cross-screen advertising company.
Looking Into Magnite’s Return On Capital Employed
Magnite (NASDAQ:MGNI) brought in sales totaling $118.08 million during Q1 according to data provided by Benzinga Pro. However, earnings decreased 9943.93%, resulting in a loss of $44.59 million.
Earnings Scheduled For May 4, 2022
Companies Reporting Before The Bell
• Seres Therapeutics (NASDAQ:MCRB) is estimated to report quarterly loss at $0.52 per share on revenue of $8.48 million.
Stocks That Hit 52-Week Lows On Wednesday
Wednesday's session saw 784 companies set new 52-week lows.
12 Communication Services Stocks Moving In Thursday’s After-Market Session
Gainers
Hemisphere Media (NASDAQ:HMTV) shares moved upwards by 11.4% to $4.7 during Thursday's after-market session. The market value of their outstanding shares is at $190.0 million.
Magnite Q4 EPS $0.26 Beats $0.24 Estimate, Sales $161.29M Beat $140.02M Estimate
Magnite (NASDAQ:MGNI) reported quarterly earnings of $0.26 per share which beat the analyst consensus estimate of $0.24 by 8.33 percent. This is a 36.84 percent increase over earnings of $0.19 per share from the same
Earnings Scheduled For February 23, 2022
Companies Reporting Before The Bell
• Sapiens Intl Corp (NASDAQ:SPNS) is likely to report earnings for its fourth quarter.