- Magnite press release ( NASDAQ: MGNI ): Q2 Non-GAAP EPS of $0.14 misses by $0.02 .
- Revenue of $123.3M (+22.8% Y/Y) misses by $3.56M .
- Shares -1.5% .
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Expectations:
- Revenue ex-TAC for Q3 2022 to be between $122 million and $126 million
- Revenue ex-TAC attributable to CTV for Q3 2022 to be between $52 million and $54 million
- Adjusted EBITDA operating expenses to be between $85 and $87 million for Q3 2022
- Revenue ex-TAC for full-year 2022 to exceed $500 million
- Maintain that free cash flow for the full-year 2022 to exceed $100 million
- Total capital expenditures for 2022 to be approximately $45 million
For further details see:
Magnite Non-GAAP EPS of $0.14 misses by $0.02, revenue of $123.3M misses by $3.56M