Magnite (NASDAQ:MGNI) reported its Q4 earnings results on Wednesday, February 23, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Magnite beat estimated earnings by 8.33%, reporting an EPS of $0.26 versus an estimate of $0.24.
Revenue was up $79.28 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.04 which was followed by a 16.12% drop in the share price the next day.
Here's a look at Magnite's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.18 | 0.12 | 0.02 | 0.14 |
| EPS Actual | 0.14 | 0.11 | 0.03 | 0.19 |
| Revenue Estimate | 116.62M | 94.10M | 60.39M | 75.16M |
| Revenue Actual | 131.87M | 114.54M | 60.72M | 82.00M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
