Magnite (MGNI) Q2 Earnings Match Estimates
MGNIMagnite(MGNI) ZACKS·2024-08-08 08:12

Magnite (MGNI) came out with quarterly earnings of 0.14pershare,inlinewiththeZacksConsensusEstimate.Thiscomparestoearningsof0.14 per share, in line with the Zacks Consensus Estimate. This compares to earnings of 0.09 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this digital ad exchange operator would post a loss of 0.02persharewhenitactuallyproducedearningsof0.02 per share when it actually produced earnings of 0.05, delivering a surprise of 350%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.Magnite, which belongs ...