earnings
confidence high
sentiment positive
materiality 0.75
Magnite beats Q2 guidance; CTV grows 14% YoY; raises full-year margin expansion to 150 bps
MAGNITE, INC.
2025-Q2 EPS reported
$0.01
revenue$329,103,000
- Q2 revenue $173.3M (+6% YoY); Contribution ex-TAC $162M (+10% YoY), above guidance of $154-160M.
- CTV Contribution ex-TAC $71.5M (+14% YoY); DV+ Contribution ex-TAC $90.4M (+8% YoY), 20th consecutive quarter of growth.
- Net income $11.1M vs loss $1.1M a year ago; Adjusted EBITDA $54.4M (+22% YoY); non-GAAP EPS $0.20 vs $0.14.
- Q3 guidance: total Contribution ex-TAC $161-165M; CTV $71-73M (10-13% growth).
- Full-year outlook reinstated: total Contribution ex-TAC growth >10%; Adjusted EBITDA margin expansion now at least 150 bps (up from 100 bps).
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