MAGNITE, INC. shareholders approved Advisory vote on the frequency of future advisory votes on the compensation of the Company's named executive officers at the 2026-06-08 meeting.
“1 YEAR 2 YEARS 3 YEARS ABSTAIN BROKER NON-VOTES 100,148,461 55,954 4,309,358 1,722,262 21,398,031”
Shareholder Votes
MAGNITE, INC. shareholders approved Approval, on an advisory basis, of the compensation of the Company’s named executive officers at the 2026-06-08 meeting.
“FOR AGAINST ABSTAIN BROKER NON-VOTES 93,243,703 11,274,849 1,717,483 21,398,031”
Shareholder Votes
MAGNITE, INC. shareholders approved Ratification of the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the current fiscal year at the 2026-06-08 meeting.
“FOR AGAINST ABSTAIN BROKER NON-VOTES 125,139,432 311,677 2,182,957 ---”
Shareholder Votes
MAGNITE, INC. shareholders approved Election of three Class III directors at the 2026-06-08 meeting.
MAGNITE, INC. reported the quarter ended March 31, 2026 results: revenue $164.4 million, net income $4.4 million, EPS $0.03 per diluted share.
“MGNI), the largest independent sell-side advertising company, today reported its results of operations for the quarter ended March 31, 2026. Q1 2026 Highlights: • Revenue of $164.4 million, up 6% year-over-year • Contribution ex-TAC (1) of $160.9 million, up 10% year-over-year, at the high end of the guidance range of $157 to $161 million • Contribution ex-TAC (1)”
Earnings Releases
MAGNITE, INC. reported fiscal quarter ended March 31, 2024 results: revenue $149.3 million, net income $17.8 million, EPS $0.13. Guidance raised.
“the world's largest independent sell-side advertising company, today reported its results of operations for the quarter ended March 31, 2024. Q1 2024 Highlights: • Revenue of $149.3 million, up 15% year-over-year • Contribution ex-TAC (1) of $130.6 million, up 12% year-over-year • Contribution ex-TAC (1) attributable to CTV of $54.9 million, up 18% year-over-year,”
Earnings Releases
MAGNITE, INC. reported fiscal quarter and year ended December 31, 2023 results: revenue $186.9 million, net income $30.9 million, EPS $0.16 per diluted share.
“independent sell-side advertising company, today reported its results of operations for the fourth quarter and year ended December 31, 2023. Recent Highlights: • Revenue of $186.9 million for Q4 2023, up 7% from Q4 2022 • Contribution ex-TAC (1) of $165.3 million for Q4 2023, exceeded guidance of $158 to $162 million, and was up 6% from Q4 2022 • Contribution”
Debt Financings
MAGNITE, INC. incurred credit facility of $365 million seven-year senior secured term loan facility and a $175 million senior secured revolving credit facility with Morgan Stanley Senior Funding, Inc. as term loan administrative agent and Citibank, N.A. as revolving facility administrative agent and collateral agent, and other lender parties thereto at (1) for the term loans, at the Company’s election, Term SOFR (as defined in the maturing seven years.
“On February 6, 2024, Magnite, Inc. (the “Company”) entered into a credit agreement (the “Credit Agreement”) with Morgan Stanley Senior Funding, Inc. as term loan administrative agent and Citibank, N.A. as revolving facility administrative agent and collateral agent, and other lender parties thereto. The Credit Agreement provides for a $365 million seven-year senior secured term loan facility and a $175 million senior secured revolving credit facility.”
Material Agreements
MAGNITE, INC. terminated Existing Credit Agreement with Goldman Sachs Bank USA (effective 2024-02-06).
“On February 6, 2024, the net proceeds received by the Company under the term loan facility pursuant to the Credit Agreement were used, among other things, to terminate the Existing Credit Agreement and repay in full the outstanding facilities under the Existing Credit Agreement.”
Material Agreements
MAGNITE, INC. entered into Credit Agreement with Morgan Stanley Senior Funding, Inc., Citibank, N.A., and other lender parties valued at $365 million term loan facility and $175 million revolving credit facility (effective 2024-02-06).
“On February 6, 2024, Magnite, Inc. (the “Company”) entered into a credit agreement (the “Credit Agreement”) with Morgan Stanley Senior Funding, Inc. as term loan administrative agent and Citibank, N.A. as revolving facility administrative agent and collateral agent, and other lender parties thereto.”
Earnings Releases
MAGNITE, INC. reported fiscal quarter ended September 30, 2023 results: revenue $150.1 million, net income $17.5 million, EPS $0.13.
“world's largest independent sell-side advertising company, today reported its results of operations for the quarter ended September 30, 2023. Q3 2023 Highlights: • Revenue of $150.1 million, up 3% year-over-year • Contribution ex-TAC (1) of $133.1 million, up 4% year-over-year • Contribution ex-TAC (1) attributable to CTV of $52.5 million, down 6% year-over-year,”
Earnings Releases
MAGNITE, INC. reported its fiscal quarter ended June 30, 2023 results: revenue $152.5 million, net income ($73.9 million), EPS ($0.54) per diluted share.
“the world's largest independent sell-side advertising company, today reported its results of operations for the quarter ended June 30, 2023. Q2 2023 Highlights: • Revenue of $152.5 million, up 11% year-over-year • Contribution ex-TAC (1) of $134.7 million, up 9% year-over-year • Contribution ex-TAC (1) attributable to CTV of $56.1 million, up 8% year-over-year •”
Shareholder Votes
MAGNITE, INC. shareholders approved Approval of the Magnite, Inc. Amended and Restated 2014 Employee Stock Purchase Plan at the 2023-06-14 meeting.
“FOR AGAINST ABSTAIN BROKER NON-VOTES 96,379,782 612,547 74,943 19,131,374”
Shareholder Votes
MAGNITE, INC. shareholders approved Approval of the Magnite, Inc. Amended and Restated 2014 Equity Incentive Plan at the 2023-06-14 meeting.
“FOR AGAINST ABSTAIN BROKER NON-VOTES 64,809,352 32,108,569 149,351 19,131,374”
Shareholder Votes
MAGNITE, INC. shareholders approved Approval, on an advisory basis, of the compensation of the Company’s named executive officers at the 2023-06-14 meeting.
“FOR AGAINST ABSTAIN BROKER NON-VOTES 93,555,924 3,335,302 176,046 19,131,374”
Shareholder Votes
MAGNITE, INC. shareholders approved Ratification of the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the current fiscal year at the 2023-06-14 meeting.
“FOR AGAINST ABSTAIN BROKER NON-VOTES 115,934,974 170,376 93,296 ---”
Shareholder Votes
MAGNITE, INC. shareholders approved Election of three Class III directors at the 2023-06-14 meeting.
MAGNITE, INC. reported the quarter ended March 31, 2023 results: revenue $130.2 million, net income Net loss of $98.7 million, EPS loss per share of $0.73. Guidance reaffirmed.
“the world's largest independent sell-side advertising company, today reported its results of operations for the quarter ended March 31, 2023. Q1 2023 Highlights: • Revenue of $130.2 million, up 10% year-over-year • Revenue ex-TAC (1) of $116.0 million, up 8% year-over-year • Revenue ex-TAC (1) attributable to CTV of $46.4 million, up 10% year-over-year • Net loss of”
Earnings Releases
MAGNITE, INC. reported the fourth quarter ended December 31, 2022 results: revenue $175.4 million, net income ($36.4), EPS ($0.27).
“Revenue of $175.4 million for Q4 2022, up 9% from Q4 2021 • Revenue ex-TAC (1) of $156.6 million for Q4 2022, up 10% from Q4 2021 • Revenue ex-TAC (1) attributable to CTV for Q4 2022 was $64.6 million, up 20% year-over-year • Net loss for Q4 2022 of $36.4 million, for a loss per share of $0.27, compared to net income of $0.5 million, or break even diluted earnings per share for the fourth quarter of 2021 • Adjusted EBITDA (1) of $64.2 million in Q4 2022 representing a 41% Adjusted EBITDA margin (3) , compared to Adjusted EBITDA of $67.5 million for the fourth quarter of 2021 • Non-GAAP diluted earnings per share (1) of $0.24 for Q4 2022, compared to $0.26 non-GAAP diluted earnings per share for the fourth quarter of 2021 • Operating cash flow (4) in Q4 2022 was $56.9 million”
Earnings Releases
MAGNITE, INC. reported the quarter ended September 30, 2022 results: revenue $145.8 million, net income $24.4 million, EPS $0.18. Guidance initiated.
“world's largest independent sell-side advertising platform, today reported its results of operations for the quarter ended September 30, 2022. Q3 2022 Highlights: • Revenue of $145.8 million, up 11% year-over-year • Revenue ex-TAC (1) of $127.7 million, up 12% year-over-year • Revenue ex-TAC (1) attributable to CTV of $55.8 million, up 29% year-over-year • Net loss”
J. Allen Dove was terminated as Chief Technology Officer at MAGNITE, INC..
“On August 2, 2022, Magnite, Inc. announced that the employment of J. Allen Dove, the company's Chief Technology Officer, will terminate effective August 31, 2022.”
Diane Yu was appointed as director at MAGNITE, INC..
“Effective March 21, 2022, the Board of Directors (the “Board”) of Magnite, Inc. (the “Company”), upon the recommendation of its Nominating and Governance Committee, appointed David Pearson and Diane Yu as directors of the Company.”
David Pearson was appointed as director at MAGNITE, INC..
“Effective March 21, 2022, the Board of Directors (the “Board”) of Magnite, Inc. (the “Company”), upon the recommendation of its Nominating and Governance Committee, appointed David Pearson and Diane Yu as directors of the Company.”
Brian Gephart was appointed as Chief Accounting Officer at MAGNITE, INC..
“On June 28, 2021, the Company appointed Brian Gephart as Chief Accounting Officer of the Company.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.