secwatch.observer — SEC 8-K summary
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Issuer:     MAGNITE, INC. (MGNI)
CIK:        0001595974
Form:       8-K
Filed at:   2022-02-23T23:59:59+00:00
Accession:  0001595974-22-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Magnite Q4 revenue $161.3M (+97% YoY); CTV ex-TAC up 252%
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- GAAP net income $0.5M, diluted EPS $0.00; non-GAAP EPS $0.26, up 37% YoY.
- Adjusted EBITDA $67.5M, margin 48% vs 37% a year ago.
- FY 2021 revenue ex-TAC $416.5M, up 90% YoY; CTV ex-TAC grew 52% on pro forma basis.
- Q1 2022 revenue ex-TAC guided $105-109M; CTV ex-TAC $40-42M.
- FY 2022 revenue ex-TAC expected well over $500M; free cash flow >$100M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1595974/000159597422000008/0001595974-22-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1595974/000159597422000008/mgni-20220223.htm
  HTML page:      https://secwatch.observer/filing/0001595974-22-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer