MGNI Q3 2024 Earnings — Magnite, Inc. Revenue & Financial Results | Market Cap Arena

MGNIMagnite, Inc.

$2B

Q3 2024 Earnings

Communication Services Advertising Agencies

Income Statement

Revenue

$162M+7.9% YoY

Gross Profit

$99M61.4% margin

Operating Income

$15M9.3% margin

Net Income

$5M3.2% margin

EPS (Diluted)

$0.04

QoQ Revenue Growth

-0.5%

Cash Flow

Operating Cash Flow

$91M

Free Cash Flow

$77M

Stock-Based Comp.

$19M

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$2.0B

Stockholders' Equity

$726M

Cash & Equivalents

$387M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$162M	$150M	+7.9%
Gross Profit	$99M	$65M	+52.5%
Operating Income	$15M	-$18M	+184.8%
Net Income	$5M	-$17M	+129.8%

Geographic Segments

UNITED STATES

$120M74%

Non-US

$42M26%