Previous close | 4.1200 |
Open | 4.1200 |
Bid | 2.3500 |
Ask | 5.5000 |
Strike | 12.50 |
Expiry date | 2024-05-17 |
Day's range | 4.1200 - 4.1200 |
Contract range | N/A |
Volume | |
Open interest | 56 |
Magnite (MGNI) delivered earnings and revenue surprises of 350% and 5.49%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Total Revenue Grows 15% & Contribution ex-TAC(1) Grows 12% Year-Over-Year Contribution ex-TAC(1) from CTV Grows 18% Year-Over-Year NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), 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-yearContribution ex-TAC(1) of $130.6 million, up 12% year-over-yearContribution ex-TAC(1) attrib
Magnite's (MGNI) first-quarter 2024 results are likely to suffer from seasonality and competition, even though it has a strong partner base.