The company operates as a holding company with a focus on acquiring companies in the international freight forwarding and North American expedited transportation markets. Magnite is the world’s largest independent sell-side ad platform. 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. 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. © Copyright 2021 Magnite, Inc. All rights reserved. Magnite, Inc. (NASDAQ:MGNI) Q4 2020 Earnings Conference Call February 24, 2021 4:30 PM ET Company Participants. Press Release. 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. Investor Relations Nick Kormeluk 949-500-0003 nkormeluk@magnite.com Media Relations Charlstie Veith 516-300-3569 cveith@magnite.com. Press Release. Follow Following Unfollow. The world's leading agencies and brands trust our platform to access brand-safe, high-quality ad inventory and execute billions of advertising transactions each month. Source: Magnite. In … Presentations Events and Presentations. The bottom-line … Price / CHANGE / VOL / 03/24/21 2:36 pm EDT. These limitations include: Our Adjusted EBITDA is influenced by fluctuations in our revenue and the timing and amounts of our investments in our operations. 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. Before merging with Telaria to form Magnite, David served as Rubicon Project’s Chief Financial Officer, and previously as Chief Accounting Officer. It is a pretty exciting time for us, as we work with marketers to shift linear TV dollars to CTV.". These forward-looking statements represent our estimates and assumptions only as of the date of the report in which they are included. Press Release. Follow Following Unfollow. D, and IPO.. Wallace boasts over 16 years of investor relations experience at top U.S. … Anchored in sunny Los Angeles, bustling New York City, historic London, and down under in Sydney, Magnite has offices across North America, EMEA, LATAM and APAC. "We believe a meaningful portion of our growth is coming from broad market share gains, which demonstrates the strength of our go to market strategy as a combined company, and are positive signs for our non-CTV video business. 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. UPDATE 4-Big Tech CEOs told 'time for self-regulation is over' by U.S. lawmakers. Investors should read this press release and the documents that we reference in this press release and have filed or will file with the SEC completely and with the understanding that our actual future results may be materially different from what we expect. Magnit is one of Russia’s leading food retail chains, number one by the number of stores and geographical coverage. Previously, he headed up CannaIR, LLC, where he assisted cannabis, hemp, and CBD companies in raising capital via Reg. Magnite Q3 2020 Earnings Presentation 582.6 KB. Investor Relations. 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. Magnite (Nasdaq: MGNI), the largest independent sell-side advertising platform, announced that management will be presenting at the following financial conferences: 3 . Rutorika Digital Agency Krasnodar, Russian Federation. Charlstie Veith(516) 300-3569 Changes in operating assets and liabilities, net of effect of business acquisitions: Net cash (used in) provided by operating activities, Capitalized internal use software development costs, Cash, cash equivalents and restricted cash acquired in Merger, Maturities of available-for-sale securities, Net cash provided by (used in) investing activities, Proceeds from issuance of common stock under employee stock purchase plan, Taxes paid related to net share settlement, EFFECT OF EXCHANGE RATE CHANGES ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH, CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH, CASH, CASH EQUIVALENTS AND RESTRICTED CASH — Beginning of period, CASH, CASH EQUIVALENTS AND RESTRICTED CASH — End of period. CTV Revenue Grew 51% Year over Year, on a Pro-Forma Basis, Company Posts Adjusted EBITDA Margin of 23% in Quarter. Magnite, Inc. investors, represented by Kaplan Fox & Kilsheimer LLP, are looking into claims by short-seller Spruce Point Capital Management that the company allegedly misled investors … The Investor Relations website contains information about Magnite, Inc.'s business for stockholders, potential investors, and financial analysts. Investor Relations. Welcome to Magnite's fourth-quarter 2020 earnings conference call. 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. Other companies may calculate Adjusted EBITDA differently than we do, limiting its usefulness as a comparative measure. Adjusted EBITDA provides a measure of consistency and comparability with our past performance that many investors find useful, facilitates period-to-period comparisons of operations, and also facilitates comparisons with other peer companies, many of which use similar non-GAAP financial measures to supplement their GAAP results. Non-GAAP earnings (loss) per share is a performance measure and should not be used as a measure of liquidity. 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. David Day oversees the planning, reporting, accounting, tax, treasury, financial systems and investor relations functions for Magnite. 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. View HTML. (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. Rubicon Project to Present at the RBC Capital Markets Technology, Internet, Media and Telecommunications Conference and Goldman Sachs US Emerging/SMID Cap Growth Conference. Magnite to Acquire SpotX. 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. It is important to note that the particular items we exclude from, or include in, our non-GAAP financial measures may differ from the items excluded from, or included in, similar non-GAAP financial measures used by other companies. Investor Relations. This measure may also exclude expenses that may have a material impact on our reported financial results. We were built by combining Rubicon Project’s programmatic expertise and Telaria’s talents in CTV. Filing date Form Description Filing Group View; 05/15/15: 4: Statement of changes in beneficial ownership of securities. 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. cveith@Magnite.com. Note: Magnite and the Magnite logo are service marks of Magnite, Inc. Media Relations Charlstie Veith 516-300-3569 cveith@magnite.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20201109006118/en/, Investor Relations Contact 45 . Price / CHANGE / VOL / 03/24/21 2:36 pm EDT. 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. Investor Relations. View printer-friendly version Back. The Investor Relations website contains information about Magnite, Inc.'s business for stockholders, potential investors, and financial analysts. 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: . We help publishers sell advertising on their terms and connect with buyers across every channel and format. Mode Global Holdings PLC announced that it has onboarded Ariane Murphy as its Chief Investor Relations Officer, effective immediately. 1. 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. 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. In programmatic ad-supported CTV, we continue to benefit from the acceleration of cord cutting, spend moving to programmatic from direct sales, inventory growth and overall consumer adoption rates. Nick Kormeluk(949) 500-0003 investor.magnite.com under "Events and Presentations" Conference call replay Toll free number: (877) 344-7529 (for domestic callers) Direct dial number: (412) 317-0088 (for international callers) Passcode: 10148990 Webcast link: investor.magnite.com under "Events and Presentations" Given these uncertainties, investors should not place undue reliance on these forward-looking statements. The Investor Relations website contains information about Magnite, Inc.'s business for stockholders, potential investors, and financial analysts. 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). Aleksei Kuzmishchev. Magnite is the world’s largest independent sell-side platform (SSP). 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. The Investor Relations website contains information about Magnite, Inc.'s business for … Note: The year over year comparisons as reported, reflect Rubicon Project only results in Q3 2019. 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. But with the seismic shift we see in ad spending, Magnite is definitely worth a closer look. 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). Adjusted EBITDA may also be used as a metric for determining payment of cash incentive compensation. The bottom-line … 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. Price / CHANGE / VOL / 03/24/21 2:36 pm EDT. Magnite to Announce Second Quarter 2020 Financial Results on August 10, 2020. Recent Highlights Find the latest dividend history for Magnite, Inc. Common Stock (MGNI) at Nasdaq.com. Magnite (Nasdaq: MGNI), the largest independent sell-side advertising platform, will announce its financial results for the quarter ended June 30, … Magnite Q2 2020 Earnings Presentation 582.5 KB. 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. Magnite Invests In New Data Center in Singapore to Support Growing APAC Business. press@magnite.com. Press Release. Media Relations Charlstie Veith 516-300-3569 cveith@magnite.com. (412) 902-6511 (for international callers), investor.magnite.com under "Events and Presentations", (412) 317-0088 (for international callers). Magnit – Investor Relations. Adjusted EBITDA does not reflect changes in our working capital needs, capital expenditures, non-operational real estate expenses or income, or contractual commitments. Price / CHANGE / VOL / 03/24/21 2:36 pm EDT. 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. 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. Aleksei Kuzmishchev Moscow, Russian Federation. Investor Relations. 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. 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 … Investor Relations Nick Kormeluk 949-500-0003 nkormeluk@magnite.com. 3,4,5. Press Release . Because of these limitations, we also consider the comparable GAAP measure of net income (loss). Adjusted EBITDA operating expenses is calculated as revenue less Adjusted EBITDA. 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… Magnite (NASDAQ: MGNI), the largest independent sell-side advertising platform, will announce its financial results for the quarter ended September 30, … Price / CHANGE / VOL / 03/24/21 2:36 pm EDT. Adjusted EBITDA does not reflect cash requirements for income taxes and the cash impact of other income or expense. 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. View printer-friendly version Back. Published: November 18th 2015. The Investor Relations website contains information about Magnite, Inc.'s business for stockholders, potential investors, and financial analysts. Provider of asset-light transportation and logistics services. See "Reconciliation of net loss to Adjusted EBITDA," "Reconciliation of net loss to Non-GAAP net income (loss)," and "Reconciliation of GAAP loss per share to non-GAAP net income (loss) per share" included as part of this press release. Nick Kormeluk SVP Investor Relations and Head of Global Real Estate at Magnite Orange County, California Area 500+ connections Investor Relations. Investor Relations. Lutz Grüten Corporate Investor Relations Telefon +49 911 2023-134 Fax +49 911 2023-10134 E-Mail invest@leoni.com. 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.