---
schema_version: "secwatch.filing_event.v1"
accession: "0001595974-24-000031"
form_type: "8-K"
ticker: "MGNI"
cik: "0001595974"
company_name: "MAGNITE, INC."
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:46:11.336668+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Magnite Q2 revenue $162.9M (+7% YoY); CTV contribution ex-TAC beats guidance

## Summary
- Revenue $162.9M (+7% YoY); contribution ex-TAC $146.8M (+9%), with CTV $63.0M (+12%) exceeding guidance.
- Net loss narrowed to $1.1M ($0.01 loss per share) vs $73.9M loss year ago; adjusted EBITDA $44.7M (30% margin).
- Non-GAAP EPS $0.14 vs $0.09 last year; operating cash flow $29.6M.
- Q3 guidance: total contribution ex-TAC $146-150M; CTV growth 18-22% YoY.
- Reaffirmed FY2024: contribution ex-TAC growth at least 10%, adjusted EBITDA margin expansion 100-150 bps.

## SEC filing metadata
- accession: 0001595974-24-000031
- form_type: 8-K
- ticker: MGNI
- cik: 0001595974
- company_name: MAGNITE, INC.
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1595974/000159597424000031/0001595974-24-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1595974/000159597424000031/mgni-20240807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001595974-24-000031
- JSON: https://secwatch.observer/filing/0001595974-24-000031.json
- Plain text: https://secwatch.observer/filing/0001595974-24-000031.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.