Magnite Past Earnings Performance
Past criteria checks 3/6
Magnite's earnings have been declining at an average annual rate of -25.6%, while the Media industry saw earnings growing at 5.1% annually. Revenues have been growing at an average rate of 28.4% per year. Magnite's return on equity is 2.4%, and it has net margins of 2.6%.
Key information
-25.6%
Earnings growth rate
-11.1%
EPS growth rate
| Media Industry Growth | 13.2% |
| Revenue growth rate | 28.4% |
| Return on equity | 2.4% |
| Net Margin | 2.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Optimistic Investors Push Magnite, Inc. (NASDAQ:MGNI) Shares Up 29% But Growth Is Lacking
Nov 12
Is Magnite (NASDAQ:MGNI) Using Too Much Debt?
Oct 24Magnite: Draws In The Big Players, 9x FCF
Oct 07Magnite, Inc.'s (NASDAQ:MGNI) Intrinsic Value Is Potentially 77% Above Its Share Price
Aug 27Magnite: Strong Growth But Customer Concentration Is A Concern
Aug 15Magnite: Netflix Relationship Alone Can More Than Double CTV Annual Profit Pool
Jul 31We Think Magnite (NASDAQ:MGNI) Has A Fair Chunk Of Debt
Jul 15Some Shareholders Feeling Restless Over Magnite, Inc.'s (NASDAQ:MGNI) P/S Ratio
Jun 18Magnite: Netflix Opportunity Highlights Undervaluation
May 20Magnite: Impact From The Disney Deal Is Not As Bad As It Sounds
Apr 04Is Magnite (NASDAQ:MGNI) Using Too Much Debt?
Mar 22Magnite: Cash Flows Now Matter
Mar 08Revenues Not Telling The Story For Magnite, Inc. (NASDAQ:MGNI) After Shares Rise 29%
Mar 01Magnite: Don't Overlook The Catalyst Of The Election Year
Jan 25Pinning Down Magnite, Inc.'s (NASDAQ:MGNI) P/S Is Difficult Right Now
Jan 04Is Magnite, Inc. (NASDAQ:MGNI) Trading At A 36% Discount?
Dec 14Would Magnite (NASDAQ:MGNI) Be Better Off With Less Debt?
Nov 03Is Magnite (NASDAQ:MGNI) Using Too Much Debt?
Jul 24Shareholders Should Be Pleased With Magnite, Inc.'s (NASDAQ:MGNI) Price
Apr 18Is Magnite (NASDAQ:MGNI) Using Too Much Debt?
Jan 24Magnite, Inc. (NASDAQ:MGNI) Shares Could Be 31% Below Their Intrinsic Value Estimate
Nov 11Fox collaborates with Magnite for monetization across OneFOX
Oct 19We Think Magnite (NASDAQ:MGNI) Has A Fair Chunk Of Debt
Oct 19Magnite, Group Black collaborate to help Black-owned media scale their offering
Sep 21Magnite: Underwhelming Results, Decent Prospects
Aug 10Would Magnite (NASDAQ:MGNI) Be Better Off With Less Debt?
Jul 12Magnite: Recession Risk Is Priced In
May 24Mulling Over Magnite, Inc.
May 11Revenue & Expenses Breakdown
How Magnite makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 661 | 17 | 258 | 96 |
| 30 Jun 24 | 649 | -5 | 253 | 99 |
| 31 Mar 24 | 639 | -78 | 259 | 97 |
| 31 Dec 23 | 620 | -159 | 263 | 94 |
| 30 Sep 23 | 608 | -226 | 275 | 94 |
| 30 Jun 23 | 604 | -233 | 285 | 95 |
| 31 Mar 23 | 589 | -184 | 287 | 95 |
| 31 Dec 22 | 577 | -130 | 281 | 94 |
| 30 Sep 22 | 563 | -93 | 280 | 92 |
| 30 Jun 22 | 549 | -93 | 279 | 88 |
| 31 Mar 22 | 526 | -32 | 267 | 83 |
| 31 Dec 21 | 468 | 0 | 235 | 74 |
| 30 Sep 21 | 389 | 5 | 204 | 68 |
| 30 Jun 21 | 318 | 19 | 170 | 60 |
| 31 Mar 21 | 246 | -57 | 145 | 55 |
| 31 Dec 20 | 222 | -53 | 129 | 52 |
| 30 Sep 20 | 188 | -58 | 113 | 48 |
| 30 Jun 20 | 165 | -53 | 98 | 44 |
| 31 Mar 20 | 160 | -23 | 84 | 41 |
| 31 Dec 19 | 156 | -25 | 84 | 40 |
| 30 Sep 19 | 149 | -29 | 82 | 39 |
| 30 Jun 19 | 141 | -37 | 82 | 38 |
| 31 Mar 19 | 132 | -47 | 83 | 37 |
| 31 Dec 18 | 125 | -62 | 87 | 38 |
| 30 Sep 18 | 115 | -83 | 92 | 40 |
| 30 Jun 18 | 120 | -173 | 98 | 42 |
| 31 Mar 18 | 134 | -167 | 102 | 45 |
| 31 Dec 17 | 156 | -155 | 107 | 48 |
| 30 Sep 17 | 197 | -152 | 116 | 49 |
| 30 Jun 17 | 227 | -45 | 128 | 50 |
| 31 Mar 17 | 255 | -36 | 140 | 51 |
| 31 Dec 16 | 278 | -18 | 152 | 51 |
| 30 Sep 16 | 300 | 24 | 159 | 50 |
| 30 Jun 16 | 298 | 17 | 162 | 49 |
| 31 Mar 16 | 281 | 8 | 164 | 46 |
| 31 Dec 15 | 248 | 0 | 152 | 42 |
| 30 Sep 15 | 196 | -19 | 138 | 38 |
| 30 Jun 15 | 164 | -20 | 123 | 32 |
| 31 Mar 15 | 139 | -18 | 109 | 26 |
| 31 Dec 14 | 125 | -20 | 101 | 23 |
| 30 Sep 14 | 112 | -22 | 90 | 20 |
| 30 Jun 14 | 99 | -24 | 77 | 19 |
| 31 Mar 14 | 90 | -17 | 63 | 19 |
| 31 Dec 13 | 84 | -13 | 54 | 19 |
Quality Earnings: MGNI has high quality earnings.
Growing Profit Margin: MGNI became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MGNI has become profitable over the past 5 years, growing earnings by -25.6% per year.
Accelerating Growth: MGNI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MGNI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Media industry (29.5%).
Return on Equity
High ROE: MGNI's Return on Equity (2.4%) is considered low.