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Magnite: Q2 Earnings Insights – Benzinga

ByBenzinga Insights

Aug 9, 2022
Magnite: Q2 Earnings Insights - Benzinga

 

Magnite MGNI reported its Q2 earnings results on Tuesday, August 9, 2022 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Magnite missed estimated earnings by 17.65%, reporting an EPS of $0.14 versus an estimate of $0.17.

Revenue was up $23.24 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 3.01% increase in the share price the next day.

Here’s a look at Magnite’s past performance:

 








Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.08 0.24 0.18 0.12
EPS Actual 0.08 0.26 0.14 0.11
Revenue Estimate 107.01M 140.02M 116.62M 94.10M
Revenue Actual 118.08M 161.29M 131.87M 114.54M

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.



Image and article originally from www.benzinga.com. Read the original article here.