Magnite MGNI reported its Q1 earnings results on Wednesday, May 4, 2022 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Magnite reported in-line EPS of $0.08 versus an estimate of $0.08.
Revenue was up $57.36 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 18.43% increase in the share price the next day.
Here’s a look at Magnite’s past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.24 | 0.18 | 0.12 | 0.02 |
| EPS Actual | 0.26 | 0.14 | 0.11 | 0.03 |
| Revenue Estimate | 140.02M | 116.62M | 94.10M | 60.39M |
| Revenue Actual | 161.29M | 131.87M | 114.54M | 60.72M |
To track all earnings releases for Magnite visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.