earnings
confidence high
sentiment positive
materiality 0.75
Magnite Q4 revenue up 4% to $194M; CTV contribution ex-TAC up 23% to $77.9M, beating guidance
MAGNITE, INC.
2024-FY EPS reported
$0.16
revenue$668,170,000
- Q4 revenue $194.0M (+4% YoY); Contribution ex-TAC $180.2M (+9%).
- CTV Contribution ex-TAC $77.9M (+23%, above $75-77M guidance).
- Net income $36.4M ($0.24 diluted EPS) vs $30.9M ($0.16); Adjusted EBITDA $76.5M (42% margin).
- Full-year 2025 guidance: Contribution ex-TAC growth >10%, ex-political mid-teens; EBITDA margin +≥100bps.
- Ended 2024 with $483.2M cash; Q1 2025 Contribution ex-TAC guided $140-144M.