Earnings Summary

Magnite Inc.’s revenue jumped 10.71% since last year same period to $152.54Mn in the Q2 2023. On a quarterly growth basis, Magnite Inc. has generated 17.21% jump in its revenue since last 3-months.

Magnite Inc.’s net profit fell -196.1% since last year same period to $-73.89Mn in the Q2 2023. On a quarterly growth basis, Magnite Inc. has generated 25.16% jump in its net profits since last 3-months.

Magnite Inc.’s net profit margin fell -167.44% since last year same period to -48.44% in the Q2 2023. On a quarterly growth basis, Magnite Inc. has generated 36.15% jump in its net profit margins since last 3-months.

Magnite Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.32 - a 128.57% jump from last quarter’s estimates.

Magnite Inc.’s earning per share (EPS) estimates for the current year stand at 0.32.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Magnite Inc.’s return on assets (ROA) stands at -0.05.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Magnite Inc.’s return on equity (ROE) stands at -0.32.