---
schema_version: "secwatch.filing_event.v1"
accession: "0001595974-24-000039"
form_type: "8-K"
ticker: "MGNI"
cik: "0001595974"
company_name: "MAGNITE, INC."
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:34:11.523672+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Magnite Q3 revenue $162M (+8% YoY); CTV contribution ex-TAC +23%, raises full-year guidance

## Summary
- Revenue $162.0M (+8% YoY); Contribution ex-TAC $149.4M (+12%); Net income $5.2M vs loss $17.5M a year ago.
- CTV Contribution ex-TAC $64.4M (+23% YoY) beat guidance of $62-64M; supported Netflix programmatic CTV launch.
- Adjusted EBITDA $50.6M (34% margin) vs $40.3M (30%) YoY; non-GAAP EPS $0.17 vs $0.12.
- Q4 2024 guidance: total Contribution ex-TAC $182-186M, CTV $75-77M (approx 20% YoY growth).
- Raising FY2024 outlook: Contribution ex-TAC growth 11-12%, Adj. EBITDA margin expansion 150-200 bps, GAAP net income positive.

## SEC filing metadata
- accession: 0001595974-24-000039
- form_type: 8-K
- ticker: MGNI
- cik: 0001595974
- company_name: MAGNITE, INC.
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1595974/000159597424000039/0001595974-24-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1595974/000159597424000039/mgni-20241107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001595974-24-000039
- JSON: https://secwatch.observer/filing/0001595974-24-000039.json
- Plain text: https://secwatch.observer/filing/0001595974-24-000039.txt

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