secwatch.observer — SEC 8-K summary
======================================

Issuer:     MAGNITE, INC. (MGNI)
CIK:        0001595974
Form:       8-K
Filed at:   2025-02-26T23:59:59+00:00
Accession:  0001595974-25-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Magnite Q4 revenue up 4% to $194M; CTV contribution ex-TAC up 23% to $77.9M, beating guidance
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1595974/000159597425000006/0001595974-25-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1595974/000159597425000006/mgni-20250226.htm
  HTML page:      https://secwatch.observer/filing/0001595974-25-000006

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