However, a potential limitation of our use of non-GAAP earnings (loss) per share is that other companies may define non-GAAP earnings (loss) per share differently, which may make comparison difficult. (1) Calculated as net income (loss) divided by basic and diluted weighted-average shares used to compute net income (loss) per share as included in the consolidated statement of operations. IGNITE’s founder and CEO, Dan Bilzerian initially founded the brand as Ignite Cannabis Co. in 2017 to be a catalyst of change in the cannabis industry, and gain legitimacy as the first premium global cannabis brand. CF, Reg. Magnite Q3 2020 Earnings Presentation 582.6 KB. Deal Creates Largest Independent CTV & Video Advertising Platform. Weighted average shares used to compute net loss per share: (1) Stock-based compensation expense included in our expenses was as follows: Total depreciation and amortization expense, CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS. Wall Street Stock Market & Finance report, prediction for the future: You'll find the Magnite share forecasts, stock quote and buy / sell signals below.According to present data Magnite's MGNI shares and potentially its market environment have been in a bullish cycle in the last 12 months (if exists). Non-GAAP Income (Loss) and Non-GAAP Earnings (Loss) per Share: We define non-GAAP earnings (loss) per share as non-GAAP income (loss) divided by non-GAAP weighted-average shares outstanding. Magnite (NASDAQ: MGNI), the largest independent sell-side advertising platform, today reported its results of operations for the fourth quarter and year ended December 31, 2020. Magnate Worldwide General Information Description. These risks include, but are not limited to: the severity, magnitude, and duration of the COVID-19 pandemic, including impacts of the pandemic and of responses to the pandemic by governments, business and individuals on our operations, personnel, buyers, sellers, and on the global economy and the advertising marketplace; our ability to successfully integrate the Telaria business, and realize the anticipated benefits of the merger; our ability to grow and to manage our growth effectively; our ability to develop innovative new technologies and remain a market leader; our ability to attract and retain buyers and sellers of digital advertising inventory, or publishers, and increase our business with them; our vulnerability to loss of, or reduction in spending by, buyers; our reliance on large sources of advertising demand, including demand side platforms ("DSPs") that may have or develop high-risk credit profiles or fail to pay invoices when due, including as a result of general liquidity constraints experienced by buyers from the COVID-19 pandemic, which has caused certain buyers to delay payments or seek revised payment terms; our ability to maintain and grow a supply of advertising inventory from sellers and to fill the increased inventory; the effect on the advertising market and our business from difficult economic conditions or uncertainty; the freedom of buyers and sellers to direct their spending and inventory to competing sources of inventory and demand; the ability of buyers and sellers to establish direct relationships and integrations; our ability to cause buyers and sellers to use our solution to purchase and sell higher value advertising and to expand the use of our solution by buyers and sellers utilizing evolving digital media platforms, including CTV; our reliance on large aggregators of advertising inventory, and the concentration of CTV among a small number of large publishers that enjoy significant negotiating leverage; our ability to introduce new offerings and bring them to market in a timely manner, and otherwise adapt in response to client demands and industry trends, including shifts in linear TV to CTV, digital advertising growth from desktop to mobile channels and other platforms and from display to video formats and the introduction and market acceptance of Demand Manager; uncertainty of our estimates and expectations associated with new offerings, the possibility of lower take rates and the need to grow through increasing the volume and/or value of transactions on our platform and increasing our fill rate; our vulnerability to the depletion of our cash resources as a result of the adverse impacts of the COVID-19 pandemic, or as we incur additional investments in technology required to support the increased volume of transactions on our exchange and to develop new offerings; our ability to support our growth objectives in light of reduced resources resulting from the cost reduction initiatives that we implemented; our ability to raise additional capital if needed; our limited operating history and history of losses; our ability to continue to expand into new geographic markets and grow our market share in existing markets; our ability to adapt effectively to shifts in digital advertising; increased prevalence of ad-blocking or cookie-blocking technologies and the slow adoption of common identifiers; the development and use of proprietary identity solutions as a replacement for third party cookies and other identifiers currently used in our platform; the slowing growth rate of desktop display advertising; the growing percentage of online and mobile advertising spending captured by owned and operated sites (such as Facebook, Google and Amazon); industry growth rates for ad-supported CTV and the shift in video consumption from linear TV to digital mediums such as CTV and over-the-top ("OTT"); the adoption of programmatic advertising by CTV publishers; the effects, including loss of market share, of increased competition in our market and increasing concentration of advertising spending in a small number of very large competitors; the effects of consolidation in the ad tech industry; acts of competitors and other third parties that can adversely affect our business; our ability to differentiate our offerings and compete effectively to combat commodification and disintermediation; the effects of buyer transparency initiatives we may undertake; requests for discounts, fee concessions or revisions, rebates, refunds, favorable payment terms; our ability to ensure a high level of brand safety for our clients and to detect “bot” traffic and other fraudulent or malicious activity; the effects of seasonal trends on our results of operations; costs associated with defending intellectual property infringement and other claims; our ability to attract and retain qualified employees and key personnel; political uncertainty and the ability of the company to attract political advertising spend; our ability to identify future acquisitions of or investments in complementary companies or technologies and our ability to consummate the acquisitions and integrate such companies or technologies; and our ability to comply with, and the effect on our business of, evolving legal standards and regulations, particularly concerning data protection and consumer privacy and evolving labor standards. View printer-friendly version Back. Magnite is the world’s largest independent sell-side platform (SSP). Owners. The new capital structure will result in a blended cash interest rate of 2.9% when combining the Term Loan B and the Convertible Notes. TRENDING. MAGNIT PJSC (MGNT) Magnit Opens Ten Discounters in March 05-Apr-2021 / 10:00 MSK Dissemination of a Regulatory Announcement, transmitted by … The Investor Relations website contains information about Magnite, Inc.'s business for … 45 . 18, 2021-- Magnite (Nasdaq: MGNI) today announced that it has closed its offering of $400 million aggregate principal amount of 0.25% convertible senior notes due, Magnite Announces Pricing and Syndication of New Term Loan B and Revolver, Magnite Invests In New Data Center in Singapore to Support Growing APAC Business, Magnite Announces Closing of $400 Million of Convertible Notes, Q4 2020 Earnings Conference Call Transcript. Corporate Governance Magnite, Inc.’s ISS Governance QualityScore as of April 1, 2021 is 5. Magnite Inc () Stock Market info Recommendations: Buy or sell Magnite stock? Kontaktformular Dr. Anna Hinrichsen Corporate Investor Relations … Forward-looking statements may include, but are not limited to, statements concerning the potential impacts of the COVID-19 pandemic on our business operations, financial condition, and results of operations and on the world economy; our anticipated financial performance, anticipated benefits or effects related to the consummation of the Merger with Telaria, including estimated synergies and cost savings resulting from the Merger; strategic objectives, including our focus on connected television ("CTV"), mobile, video, header bidding, Demand Manager, identity solutions and private marketplace opportunities; investments in our business; development of our technology; industry growth rates for ad-supported CTV and the shift in video consumption from linear TV to CTV; introduction of new offerings; the impact of transparency initiatives we may undertake; the impact of our traffic shaping technology on our business; the effects of our cost reduction initiatives; scope and duration of client relationships; the fees we may charge in the future; business mix and expansion of our CTV, mobile, video and private marketplace offerings; sales growth; client utilization of our offerings; our competitive differentiation; our market share and leadership position in the industry; market conditions, trends, and opportunities; user reach; certain statements regarding future operational performance measures including ad requests, fill rate, paid impressions, average CPM, take rate, and advertising spend; benefits from supply path optimization; and other statements that are not historical facts. Magnite CTV Business Sees Strong Growth Year-Over-Year, Driven By Increasing CTV Viewership, Addressable Advertising and Strong Marketplace Demand. Magnite received inaugural corporate ratings of B2 and B from Moody’s Investors Service and S&P Global Ratings, respectively, with a stable outlook from both agencies. Investor Relations Nick Kormeluk 949-500-0003 nkormeluk@magnite.com. Non-GAAP earnings (loss) per share is a performance measure and should not be used as a measure of liquidity. Adjusted EBITDA and non-GAAP income (loss) per share are non-GAAP financial measures. Project Made For. Media Relations Charlstie Veith 516-300-3569 cveith@magnite.com LOS ANGELES--(BUSINESS WIRE)--Nov. 9, 2020-- Note: The year over year comparisons as reported, reflect Rubicon Project only results in Q3 2019. (3) Non-GAAP (income) loss per share is computed using the same weighted-average number of shares that are used to compute GAAP net loss per share in periods where there is both a non-GAAP loss and a GAAP net loss. A reconciliation for net loss to Adjusted EBITDA is included at the end of this press release. Adjustments to reconcile net loss to net cash (used in) provided by operating activities: (Gain) loss on disposal of property and equipment, Accretion of available for sale securities. This press release and management's prepared remarks during the conference call referred to above include, and management's answers to questions during the conference call may include, forward-looking statements, including statements based upon or relating to our expectations, assumptions, estimates, and projections. We … Press Release. Lutz Grüten Corporate Investor Relations Telefon +49 911 2023-134 Fax +49 911 2023-10134 E-Mail invest@leoni.com. Rutorika Digital Agency Krasnodar, Russian Federation. Magnite Q2 2020 Earnings Presentation 582.5 KB. Presentations Events and Presentations. A live webcast of the presentation will be available in the "Events and Presentations" section of Magnite’s investor relations website at http ... Investor Relations… Investor Relations. Magnite Invests In New Data Center in Singapore to Support Growing APAC Business. Nick Kormeluk(949) 500-0003 Media Relations Charlstie Veith 516-300-3569 cveith@magnite.com. We help publishers sell advertising on their terms and connect with buyers across every channel and format. Adjusted EBITDA may also be used as a metric for determining payment of cash incentive compensation. Follow Following Unfollow. Magnite's 2020 and early 2021 were great for investors, as the stock rose to over $60 per share from a low of $4.09 in March. In some cases, you can identify forward-looking statements by terms such as "may," "might," "will," "objective," "intend," "should," "could," "can," "would," "expect," "believe," "design," "anticipate," "estimate," "predict," "potential," "plan" or the negative of these terms, and similar expressions. Filing date Form Description Filing Group View; 05/15/15: 4: Statement of changes in beneficial ownership of securities. David Day oversees the planning, reporting, accounting, tax, treasury, financial systems and investor relations functions for Magnite. Investor Relations. Investor Relations. Nachfolgend finden Sie Einzelheiten zu unserem Einkaufsprogramm und den darauf abgestimmten Qualitätsanforderungen.. cveith@Magnite.com. A live webcast of the presentation will be available in the “Events and Presentations” section of Magnite’s investor relations website at http ://investor.magnite.com. Non-GAAP Financial Measures and Operational Measures: In addition to our GAAP results, we review certain non-GAAP financial measures to help us evaluate our business, measure our performance, identify trends affecting our business, establish budgets, measure the effectiveness of investments in our technology and development and sales and marketing, and assess our operational efficiencies. Media Contact UPDATE 4-Big Tech CEOs told 'time for self-regulation is over' by U.S. lawmakers. The Investor Relations website contains information about Magnite, Inc.'s business for stockholders, potential investors, and financial analysts. Price / CHANGE / VOL / 03/24/21 2:36 pm EDT. Price / CHANGE / VOL / 03/19/21 10:14 pm EDT. Group. Potentially dilutive shares consist of stock options, restricted stock awards, restricted stock units, and potential shares issued under the Employee Stock Purchase Plan, each computed using the treasury stock method. Events; Presentations; Date Documents; 11/09/20: Add Files. We believe the combination of these factors has significantly accelerated growth in the ad supported CTV market. The new capital structure will result in a blended cash interest rate of 2.9% when combining the … LOS ANGELES--(BUSINESS WIRE)--Nov. 10, 2020-- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising platform, announced that management will be presenting at the following financial conferences: . (412) 902-6511 (for international callers), investor.magnite.com under "Events and Presentations", (412) 317-0088 (for international callers). © Copyright 2021 Magnite, Inc. All rights reserved. View source version on businesswire.com: https://www.businesswire.com/news/home/20201109006118/en/, Investor Relations Contact Magnite Aktie im Überblick: Realtimekurs, Chart, Fundamentaldaten, sowie aktuelle Nachrichten und Meinungen. We believe non-GAAP earnings (loss) per share is useful to investors in evaluating our ongoing operational performance and our trends on a per share basis, and also facilitates comparison of our financial results on a per share basis with other companies, many of which present a similar non-GAAP measure. In … We qualify all of our forward-looking statements by these cautionary statements. 23, 2021-- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising platform, today announced a new, state of the art data center facility in Singapore, Includes Full Exercise of Initial Purchasers’ Option to Purchase $50 Million of Additional Notes LOS ANGELES --(BUSINESS WIRE)--Mar. Magnite is the world's largest independent sell-side platform. We were built by combining Rubicon Project’s programmatic expertise and Telaria’s talents in CTV. Filing year. These forward-looking statements represent our estimates and assumptions only as of the date of the report in which they are included. Third quarter 2019 comparative numbers do not include results from Telaria, unless noted as pro-forma. Rating Action: Moody's assigns first-time B2 CFR to Magnite upon acquisition of SpotX; outlook stableGlobal Credit Research - 22 Mar 2021New York, March 22, 2021 -- Moody's Investors … May 2020 Investor Presentation 1.1 MB. Online shopping for Tools & Home Improvement from a great selection of Edge Treatment & Grooving Bits, Straight, Spiral & Trim Bits, Bearings & Bit-Repair Parts & more at everyday low prices. Investor Relations. The Investor Relations website contains information about Magnite, Inc.'s business for stockholders, potential investors, and financial analysts. Adjusted EBITDA does not reflect changes in our working capital needs, capital expenditures, non-operational real estate expenses or income, or contractual commitments. (in millions, except per share amounts and percentages). SINGAPORE--(BUSINESS WIRE)--Mar. These limitations include: Our Adjusted EBITDA is influenced by fluctuations in our revenue and the timing and amounts of our investments in our operations. SUPPLEMENTAL DISCLOSURES OF OTHER CASH FLOW INFORMATION: Capitalized assets financed by accounts payable and accrued expenses, Operating lease right-of-use assets obtained in exchange for new operating lease liabilities, Common stock and options issued for merger, RECONCILIATION OF NET LOSS TO ADJUSTED EBITDA, Depreciation and amortization expense, excluding amortization of acquired intangible assets, Non-operational real estate expense (income), net, Other non-operating (income) expense, net, RECONCILIATION OF NET LOSS TO NON-GAAP INCOME (LOSS), Acquisition and related items, including amortization of acquired intangibles. Because of these limitations, we also consider the comparable GAAP measure of net income (loss). Press Release. Magnite received inaugural corporate ratings of B2 and B from Moody’s Investors Service and S&P Global Ratings, respectively, with a stable outlook from both agencies. Items per page. Magnite, Inc. (Nasdaq: MGNI), the largest independent sell-side advertising platform, today reported its results of operations for the third quarter ended September 30, 2020. nkormeluk@magnite.com We discuss many of these risks and additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements under the headings "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations," and elsewhere in filings we have made and will make from time to time with the Securities and Exchange Commission, or SEC, including our Annual Report on Form 10-K for the year ended December 31, 2019 and subsequent Quarterly Reports on Form 10-Q for 2020. Source: Magnite. Strategic move increases Magnite’s data capacity by 50% to support its unified omnichannel platform. When comparisons are referred to as pro-forma, Telaria results in the prior year period in 2019 are added in order to provide additional detailed insights to business performance. Magnite Website Privacy Policy | Ad Choices & Opt-Out, Magnite Reports Third Quarter 2020 Results, https://www.businesswire.com/news/home/20201109006118/en/, Pro-forma non-CTV video grew year over year in Q3 2020, Expect Adjusted EBITDA operating expenses. Price / CHANGE / VOL / 03/24/21 2:36 pm EDT. “We are very pleased to post strong third quarter results with growth across all formats including CTV, non-CTV video, mobile and display; and these trends are continuing into the fourth quarter," said Michael G. Barrett, President and CEO of Magnite. David Day oversees the planning, reporting, accounting, tax, treasury, financial systems and investor relations functions for Magnite. Investor Relations. Published: November 18th 2015. Publishers use our technology to monetize their content across all screens and formats—including desktop, mobile, audio and CTV. Third quarter 2020 financial results of Magnite represent the combined performance of Rubicon Project and Telaria, which merged on April 1, 2020. You are encouraged to evaluate these adjustments, and review the reconciliation of these non-GAAP financial measures to their most comparable GAAP measures, and the reasons we consider them appropriate. Investor Relations Nick Kormeluk 949-500-0003 nkormeluk@magnite.com. Magnit – Investor Relations. The Investor Relations website contains information about Magnite, Inc.'s business for stockholders, potential investors, and financial analysts. View printer-friendly version Back. Investor Relations. 3 . Investor Relations. For further discussion, please see "Non-GAAP Financial Measures.". Third Quarter 2020 Results Conference Call and Webcast: The Company will host a conference call on November 9, 2020 at 1:30 PM (PT) / 4:30 PM (ET) to discuss the results for its third quarter of 2020. We believe Adjusted EBITDA is useful to investors in evaluating our performance for the following reasons: Although Adjusted EBITDA is frequently used by investors and securities analysts in their evaluations of companies, Adjusted EBITDA has limitations as an analytical tool, and should not be considered in isolation or as a substitute for analysis of our results of operations as reported under GAAP. Investor Relations Nick Kormeluk 949-500-0003 nkormeluk@magnite.com Media Relations Charlstie Veith 516-300-3569 cveith@magnite.com. The bottom-line … Depreciation and amortization are non-cash charges, and the assets being depreciated or amortized will often have to be replaced in the future, but Adjusted EBITDA does not reflect any cash requirements for these replacements. Stock-based compensation is a non-cash charge and will remain an element of our long-term incentive compensation package, although we exclude it as an expense when evaluating our ongoing operating performance for a particular period. Magnite, Inc. was incorporated in 2007 and is headquartered in Los Angeles, California. Magnite received inaugural corporate ratings of B2 and B from Moody’s Investors Service and S&P Global Ratings, respectively, with a stable outlook from both agencies. 877 . Investor Relations. Magnite (Nasdaq: MGNI), the largest independent sell-side advertising platform, will announce its financial results for the quarter ended June 30, … RECONCILIATION OF GAAP INCOME (LOSS) PER SHARE TO NON-GAAP INCOME (LOSS) PER SHARE, Weighted-average shares used to compute basic net loss per share, Dilutive effect of weighted-average common stock options, RSAs, and RSUs, Non-GAAP weighted-average shares outstanding (3). Without limiting the foregoing, any guidance we may provide will generally be given only in connection with quarterly and annual earnings announcements, without interim updates, and we may appear at industry conferences or make other public statements without disclosing material nonpublic information in our possession. Source: Magnite. 1. View printer-friendly version Back. Investors should note Magnite was up against a tough comparison in the year-ago period, when Telaria and Rubicon Project's combined revenue was up 37% year over year. I know what you are thinking, Magnite isn’t exactly a streaming stock. Welcome to Magnite's fourth-quarter 2020 earnings conference call. Unless required by federal securities laws, we assume no obligation to update any of these forward-looking statements, or to update the reasons actual results could differ materially from those anticipated, to reflect circumstances or events that occur after the statements are made. But with the seismic shift we see in ad spending, Magnite is definitely worth a closer look. Mode Global Holdings PLC announced that it has onboarded Ariane Murphy as its Chief Investor Relations Officer, effective immediately. Investor Relations. In periods in which we have non-GAAP income, non-GAAP weighted-average shares outstanding used to calculate non-GAAP earnings per share includes the impact of potentially dilutive shares.