Magnite: Q2 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — Magnite, Inc. (MGNI) on Wednesday reported a loss of $73.9 million in its second quarter.

On a per-share basis, the New York-based company said it had a loss of 54 cents. Earnings, adjusted for one-time gains and costs, came to 9 cents per share.

The digital ad exchange operator posted revenue of $152.5 million in the period. Its adjusted revenue was $134.7 million.


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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