secwatch.observer — SEC 8-K summary
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Issuer:     MAGNITE, INC. (MGNI)
CIK:        0001595974
Form:       8-K
Filed at:   2023-02-22T23:59:59+00:00
Accession:  0001595974-23-000008
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Magnite reports record Q4 revenue $175.4M, CTV up 20%; guides Q1 revenue ex-TAC $109-113M
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- Q4 revenue $175.4M (+9% YoY); revenue ex-TAC $156.6M (+10% YoY).
- CTV revenue ex-TAC $64.6M (+20% YoY) in Q4.
- Net loss $36.4M vs net income $0.5M in Q4 2021; adjusted EBITDA $64.2M (-5% YoY).
- Q1 2023 guidance: revenue ex-TAC $109-113M; CTV $42.5-44.5M.
- Full-year 2023: adjusted EBITDA flat vs 2022; free cash flow over $100M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1595974/000159597423000008/0001595974-23-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1595974/000159597423000008/mgni-20230222.htm
  HTML page:      https://secwatch.observer/filing/0001595974-23-000008

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