Magnite: Q3 Earnings Insights

Magnite MGNI reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Magnite beat estimated earnings by 50.0%, reporting an EPS of $0.12 versus an estimate of $0.08.

Revenue was up $4.27 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 35.09% drop in the share price the next day.

Here's a look at Magnite's past performance:

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.