Magnite, Inc. reports news on its independent sell-side advertising technology business, where publishers use its platform to monetize content across CTV, online video, display, audio and other digital formats. Company updates commonly cover CTV and DV+ performance, contribution ex-TAC, adjusted EBITDA, free cash flow expectations and capital actions such as stock repurchase programs.
Recurring developments also include publisher and media-owner partnerships, programmatic access to premium inventory, and product updates for SpringServe and ClearLine. Magnite news also addresses AI-supported workflow, mediation, curation and buying tools, along with executive transitions, financial conference participation and legal or competitive developments in the ad tech market.
Magnite (Nasdaq: MGNI) announced that its executive team will participate in multiple investor and technology/media financial conferences from August 10 through September 17, 2026, including events hosted by KeyBanc, Bank of America, Cannonball, Rosenblatt, Citi, B. Riley, Lake Street, Wolfe Research and Benchmark/StoneX.
According to Magnite, live webcasts of the KeyBanc, Bank of America Virtual, Rosenblatt and Citi fireside chats will be available in the “Events & Presentations” section of its investor relations website, with replays accessible for 90 days after each presentation.
Magnite (NASDAQ: MGNI) reported second quarter 2026 revenue of $192.8 million, up 11% year-over-year, with gross profit of $130.8 million, up 21%. Contribution ex-TAC rose 17% to $189.6 million, exceeding guidance, driven by CTV Contribution ex-TAC of $97.1 million, up 36%, and DV+ of $92.5 million, up 2%.
Net income was $19.4 million ($0.13 diluted EPS) versus $11.1 million a year earlier. Adjusted EBITDA increased 30% to $70.6 million, yielding a 37% Adjusted EBITDA margin. For Q3 2026, Magnite expects Contribution ex-TAC of $188–$192 million and raised full-year 2026 outlook, targeting 13–14% Contribution ex-TAC growth, >20% Adjusted EBITDA growth, at least 37% Adjusted EBITDA margin, and free cash flow growth in the high 40% range.
Magnite (NASDAQ:MGNI) announced that Business Insider has chosen Magnite’s SpringServe video platform to power ad serving and programmatic monetization for Business Insider’s new standalone connected TV (CTV) FAST channel. Business Insider, which has a combined 38 million YouTube subscribers, is extending its premium video and documentary content to an always-on streaming experience across leading CTV platforms.
SpringServe will act as the core ad server and programmatic platform, allowing Business Insider to manage both direct and programmatic demand and to tap advertiser relationships Magnite has with agencies and buyers. According to Magnite, the partnership is intended to deepen Business Insider’s advertiser relationships, support greater control over content distribution and viewer experience, and help unlock incremental CTV revenue opportunities.
Magnite (Nasdaq: MGNI) will release its second quarter 2026 financial results after market close on Wednesday, August 5, 2026. Management will host a conference call at 1:30 PM PT / 4:30 PM ET to discuss results and outlook, with live webcast and replay available.
Magnite (NASDAQ: MGNI) announced a partnership with Viasat Aviation to enable programmatic advertising across in-flight Wi-Fi and entertainment screens via Viasat Ads.
The integration provides automated, data-driven ad buying to reach millions of travelers on over 60 airlines and 4,000+ aircraft worldwide.
Magnite (NASDAQ:MGNI) launched Magnite Orchestration, a coordination layer that connects buyer agents with Magnite’s seller agent to access premium omnichannel inventory. Partners including dentsu and DIRECTV Advertising are testing expanded buyer and seller agent capabilities and integrating proprietary audience data for more interoperable, AI-driven media transactions.
Magnite (NASDAQ:MGNI) announced an expanded partnership with JioHotstar, India’s largest premium entertainment destination. JioHotstar is adopting Magnite’s SpringServe to power advanced mediation across its live streaming, sports, and entertainment inventory.
The collaboration aims to enhance ad quality, transparency, brand safety, and programmatic monetisation, including support for the ICC Men’s T20 World Cup.
Magnite (NASDAQ: MGNI) expanded its partnership with dentsu Sweden to enhance programmatic CTV activation across premium inventory. The collaboration extends an existing EMEA relationship powering dentsu’s AMX Premium Video solution, aiming to improve reach, efficiency, transparency, and control for advertisers in Sweden’s rapidly maturing CTV market.
Magnite (NASDAQ: MGNI) reported Q1 2026 results with revenue $164.4M (+6% YoY) and contribution ex-TAC $160.9M (+10% YoY). CTV contribution ex-TAC was $82.3M (+30% YoY) and Adjusted EBITDA was $42.9M (27% margin).
The company posted net income of $4.4M ($0.03 diluted) and reaffirmed FY26 targets: ≥11% contribution ex-TAC growth, mid-teens Adjusted EBITDA growth, ≥35.5% Adjusted EBITDA margin, and mid-30% free cash flow growth.
Magnite (Nasdaq: MGNI) announced executive participation and investor meetings at multiple financial conferences from May 13 through June 15, 2026. Scheduled events include Needham (May 13), B. Riley (May 20–21), RBCCM (May 27), Craig-Hallum (May 28), Bank of America (June 2), Evercore (June 3), and Roth Capital (June 15).
Live webcasts of the Needham and Evercore fireside chats will be available in the Events & Presentations section of Magnite’s investor relations website, with replay access for 90 days after each live presentation.