Magnite Inc., formerly The Rubicon Project, Inc., provides a technology solution to automate the purchase and sale of digital advertising inventory for buyers and sellers. The Company’s platform features applications and services for sellers of digital advertising inventory, or publishers, that own or operate Websites, applications, connected television (CTV) channels, and other digital media properties, to manage and monetize their inventory. Its platform also features applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms, to buy digital advertising inventory; and a transparent, independent marketplace that brings buyers and sellers together and facilitates intelligent decision making and automated transaction execution at scale. The Company's clients include publishers of Websites, CTV channels, mobile applications and buyers of digital advertising inventory.
Is a Surprise Coming for Magnite (MGNI) This Earnings Season? 8:44 am ET November 6, 2020 (Zacks) Print Investors are always looking for stocks that are poised to beat at earnings season and Magnite, Inc. MGNI may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Magnite is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of some favorable trends underneath the surface for MGNI in this report. In fact, the Most Accurate Estimate for the current quarter is currently at a loss of 1 cents per share for MGNI, compared to a broader Zacks Consensus Estimate of a loss of 3 cents per share. This suggests that analysts have very recently bumped up their estimates for MGNI, giving the stock a Zacks Earnings ESP of +60% heading into earnings season.
Magnite Q3 EPS $0.06 Beats $(0.04) Estimate, Sales $60.98M Beat $53.52M Estimate 4:35 pm ET November 9, 2020 (Benzinga) Print Magnite (NASDAQ:MGNI) reported quarterly earnings of $0.06 per share which beat the analyst consensus estimate of $(0.04) by 250 percent. The company reported quarterly sales of $60.98 million which beat the analyst consensus estimate of $53.52 million by 13.94 percent. © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
okay, boys and girls, ladies and germs, there's your dip. now get on board for a fun ride to the bank!
Ah, so this is the former RUBI. I like it, these ad-serving companies are doing great. I know there's TTD and I think I've seen a couple others but can't remember their names. Spoiler https://finviz.com/screener.ashx?v=111&f=ind_advertisingagencies&o=-marketcap ICLK in Asia is the one I was looking at recently.
Magnite shares are trading higher after Susquehanna initiated coverage on the stock with a Positive rating and announced a $30 price target. Dec 18, 2020 10:10a ET
look at those nice, long green candles. could be time for another ride, more fun than disneyland and no mask required.
and as luck would have it, i picked up a few shares yesterday. Magnite shares are trading higher after the company reported it will acquire SpotX for $1.17 billion in cash and stock. Feb 5, 2021 8:09a ET
Bought back in a couple days ago, thanks to @emmett kelly and showing up on barchart.com Top Stocks to Own. Nice timing. You don't usually see a +20% move by the acquirer especially when they are handing over some shares too.
Magnite shares are trading higher after Needham maintained a Buy rating and raised its price target from $30 to $70. Feb 9, 2021 12:32p ET
