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MGNI

Magnite Inc.

$14.18

Earnings Summary

Revenue
$149.32Mn
Net Profits
$-17.76Mn
Net Profit Margins
-11.89%

Highlights

Revenue:

Magnite Inc.’s revenue jumped 14.73% since last year same period to $149.32Mn in the Q1 2024. On a quarterly growth basis, Magnite Inc. has generated -20.12% fall in its revenue since last 3-months.

Net Profits:

Magnite Inc.’s net profit jumped 82.01% since last year same period to $-17.76Mn in the Q1 2024. On a quarterly growth basis, Magnite Inc. has generated -157.44% fall in its net profits since last 3-months.

Net Profit Margins:

Magnite Inc.’s net profit margin jumped 84.32% since last year same period to -11.89% in the Q1 2024. On a quarterly growth basis, Magnite Inc. has generated -171.91% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Magnite Inc. post its latest quarter earnings

EPS Estimate Current Quarter
0.15
EPS Estimate Current Year
0.15

Highlights

EPS Estimate Current Quarter:

Magnite Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.15 - a 1400% jump from last quarter’s estimates.

EPS Estimate Current Year:

Magnite Inc.’s earning per share (EPS) estimates for the current year stand at 0.15.

Key Ratios

Key ratios of the Magnite Inc. post its Q1 2024 earnings

Earning Per Share (EPS)
0.05
Return on Assets (ROA)
-0.02
Return on Equity (ROE)
-0.11

Highlights

Earning Per Share (EPS):

Magnite Inc.’s earning per share (EPS) jumped 25% since last year same period to 0.05 in the Q1 2024. This indicates that the Magnite Inc. has generated 25% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

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 -0.02.

Earning Per Share (EPS):

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 -0.11.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-08
0.01
0.05
400%