Magnite Shares Gain On FuboTV Collaboration
Sports-first live TV streaming platform FuboTV Inc (NYSE:FUBO) chose the sell-side platform Magnite Inc (NASDAQ:MGNI) to serve as…
Magnite Earnings Perspective: Return On Capital Employed
Magnite (NASDAQ:MGNI) brought in sales totaling $114.54 million during Q2 according to data provided by Benzinga Pro.However, earnings decreased 265.19%, resulting in a loss of $45.84 million.
Macquarie Initiates Coverage On Magnite with Outperform Rating, Announces Price Target of $39
Macquarie analyst Tim Nollen initiates coverage on Magnite (NASDAQ:MGNI) with a Outperform rating and announces Price Target of $39.
Magnite Says Merkle Collaborates With Co. On Merkury Identity Resolution Platform
New solution delivers an open source infrastructure for cross-channel addressability, personalization, and measurement in a post-cookie environment
Merkle, a leading data-driven customer experience management (CXM)
Analyzing Magnite’s Unusual Options Activity
Magnite (NASDAQ:MGNI) shares experienced unusual options activity on Friday. The stock price moved up to $35.18 following the option alert.
Magnite Sees Q3 Revenue ex-TAC $112M-$116M
Revenue ex-TAC(2) for Q3 2021 to be between $112 million and $116 million
Revenue ex-TAC(2) attributable to CTV for Q3 2021 to be between $41 million and $45 million representing growth of approximately 50% year over
Magnite Q2 Adj. EPS $0.11 Misses $0.12 Estimate, Sales $114.54M Beat $94.10M Estimate
Magnite (NASDAQ:MGNI) reported quarterly earnings of $0.11 per share which missed the analyst consensus estimate of $0.12 by 8.33 percent. This is a 210 percent increase over losses of $(0.10) per share from the same
Magnite: Q2 Earnings Insights
Shares of Magnite (NASDAQ:MGNI) rose in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share rose 210.00% over the past year to $0.11, which missed the estimate of $0.12.