secwatch.observer — SEC 8-K summary
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Issuer:     MAGNITE, INC. (MGNI)
CIK:        0001595974
Form:       8-K
Filed at:   2025-08-06T23:59:59+00:00
Accession:  0001595974-25-000028
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Magnite beats Q2 guidance; CTV grows 14% YoY; raises full-year margin expansion to 150 bps
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1595974/000159597425000028/0001595974-25-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1595974/000159597425000028/mgni-20250806.htm
  HTML page:      https://secwatch.observer/filing/0001595974-25-000028

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