MGNI Q3 2023 Earnings — Magnite, Inc. Revenue & Financial Results | Market Cap Arena

MGNIMagnite, Inc.

$2B

Q3 2023 Earnings

Communication Services Advertising Agencies

Income Statement

Revenue

$150M+2.9% YoY

Gross Profit

$65M43.4% margin

Operating Income

-$18M-11.9% margin

Net Income

-$17M-11.6% margin

EPS (Diluted)

$-0.13

QoQ Revenue Growth

-1.6%

Cash Flow

Operating Cash Flow

$82M

Free Cash Flow

$75M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$1.8B

Stockholders' Equity

$652M

Cash & Equivalents

$311M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$150M	$146M	+2.9%
Gross Profit	$65M	$74M	-12.0%
Operating Income	-$18M	-$21M	+15.7%
Net Income	-$17M	-$24M	+28.3%

Geographic Segments

UNITED STATES

$111M74%

Non-US

$39M26%