MGNI - Magnite Inc. (MGNI) Q1 2024 Earnings Call Transcript
2024-05-08 20:20:41 ET
Magnite, Inc. (MGNI)
Q1 2024 Earnings Conference Call
May 8, 2024 04:30 PM ET
Company Participants
Nick Kormeluk - IR
Michael Barrett - President and CEO
David Day - CFO
Conference Call Participants
Shyam Patil - Susquehanna
Laura Martin - Needham
Jason Kreyer - Craig-Hallum
Matt Swanson - RBC Capital Markets
Zach Cummins - B. Riley FBR
Dan Kurnos - The Benchmark Company
Presentation
Operator
Good day and welcome to the Magnite First Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded.
I would now like to turn the conference over to Nick Kormeluk of Investor Relations. Please go ahead.
Nick Kormeluk
Thank you, operator and good afternoon everyone. Welcome to Magnite's first quarter 2024 earnings conference call. As a reminder, this conference call is being recorded. Joining me on the call today are Michael Barrett, CEO, and David Day, our CFO.
I would like to point out that we have posted financial highlight slides on our Investor Relations website to accompany today's presentation. Before we get started, I will remind you that our prepared remarks and answers to questions will include information that might be considered to be forward-looking statements, including but not limited to statements concerning our anticipated financial performance and strategic objectives, including the potential impacts of macroeconomic factors on our business.
These statements are not guarantees of future performance. They reflect our current views with respect to future events and are based on assumptions and estimates, and subject to known and unknown risks, uncertainties, and other factors that may cause our actual results, performance, or achievements to be materially different from expectations or results projected or implied by forward-looking statements.
A discussion of these and other risks, uncertainties, and assumptions is set forth in the company's periodic reports filed with the SEC including first quarter 2024 quarterly report on Form 10-Q and our 2023 annual report on Form 10-K. We undertake no obligation to update forward-looking statements or relevant risks.
Our commentary today will include non-GAAP financial measures including contribution ex-TAC or less traffic acquisition costs, adjusted EBITDA, and non-GAAP income per share. Reconciliations between GAAP and non-GAAP metrics for our reported results can be found in our earnings press release and in the financial highlights deck that is posted on our Investor Relations' website....
Magnite, Inc. (MGNI) Q1 2024 Earnings Call Transcript