Magnite: Q1 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — Magnite, Inc. (MGNI) on Wednesday reported a loss of $98.7 million in its first quarter.

The New York-based company said it had a loss of 73 cents per share. Earnings, adjusted for one-time gains and costs, came to 4 cents per share.

The digital ad exchange operator posted revenue of $130.2 million in the period.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on MGNI at

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