{"schema_version":"secwatch.filing_event.v1","accession":"0001595974-23-000029","form_type":"8-K","ticker":"MGNI","cik":"0001595974","company_name":"MAGNITE, INC.","filed_at":"2023-08-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.482121+00:00","generated_at":"2026-06-11T22:14:43.450333+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Magnite Q2 revenue up 11% to $152.5M, but net loss widens to $73.9M; guides Q3 contribution ex-TAC $128-132M","bullets":["Revenue $152.5M (+11% YoY); Contribution ex-TAC $134.7M (+9% YoY).","Net loss $73.9M ($0.54 loss per share), compared to $25.0M loss ($0.19) in Q2 2022.","Adjusted EBITDA $37.3M (28% margin), down from $41.3M; includes $4.5M bad debt from buyer bankruptcy.","Repurchased $40.2M of convertible notes; over $90M or 23% retired to date.","Q3 guidance: Contribution ex-TAC $128-132M; CTV $50-52M; FY free cash flow expected >$100M."],"urls":{"canonical":"https://secwatch.observer/filing/0001595974-23-000029","json":"https://secwatch.observer/filing/0001595974-23-000029.json","markdown":"https://secwatch.observer/filing/0001595974-23-000029.md","text":"https://secwatch.observer/filing/0001595974-23-000029.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1595974/000159597423000029/0001595974-23-000029-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1595974/000159597423000029/mgni-20230809.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T22:14:43.450333+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c1f3b9c4a9147f6ef889d9b43a11942e5c277598","claim":"MAGNITE, INC. reported its fiscal quarter ended June 30, 2023 results: revenue $152.5 million, net income ($73.9 million), EPS ($0.54) per diluted share.","evidence_excerpt":"the world's largest independent sell-side advertising company, today reported its results of operations for the quarter ended June 30, 2023. Q2 2023 Highlights: • Revenue of $152.5 million, up 11% year-over-year • Contribution ex-TAC (1) of $134.7 million, up 9% year-over-year • Contribution ex-TAC (1) attributable to CTV of $56.1 million, up 8% year-over-year •","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1595974/000159597423000029/0001595974-23-000029-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"its fiscal quarter ended June 30, 2023"},{"label":"Revenue","value":"$152.5 million"},{"label":"Net income","value":"($73.9 million)"},{"label":"EPS","value":"($0.54) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}