Stock Track | Magnite Plunges 8.96% After-Hours Despite Revenue Beat as Q4 Earnings Miss Estimates

Stock Track

Feb 27, 2025

Magnite, Inc. (MGNI) shares plunged 8.96% in after-hours trading on Wednesday, following the release of the company's fourth-quarter earnings report. Despite beating revenue expectations, Magnite's adjusted earnings per share and adjusted EBITDA fell slightly short of analyst estimates.

For the fourth quarter, Magnite reported revenue of $194 million, surpassing the consensus estimate of $184.3 million. However, the company's adjusted earnings per share came in at $0.34, missing the expected $0.36. Additionally, adjusted EBITDA of $76.5 million was below the projected $80.6 million.

While Magnite's revenue growth was a positive sign, the disappointing earnings figures appeared to weigh on investor sentiment, leading to the significant after-hours sell-off. The company's stock performance will likely depend on its ability to meet or exceed earnings expectations in future quarters.

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(MGNI) shares plunged 8.96% in after-hours trading on Wednesday, following the release of the company's fourth-quarter earnings report. Despite beating revenue expectations, Magnite's adjusted earnings per share and adjusted EBITDA fell slightly short of analyst estimates.</p>\n\n<p>For the fourth quarter, Magnite reported revenue of $194 million, surpassing the consensus estimate of $184.3 million. However, the company's adjusted earnings per share came in at $0.34, missing the expected $0.36. Additionally, adjusted EBITDA of $76.5 million was below the projected $80.6 million.</p>\n\n<p>While Magnite's revenue growth was a positive sign, the disappointing earnings figures appeared to weigh on investor sentiment, leading to the significant after-hours sell-off. The company's stock performance will likely depend on its ability to meet or exceed earnings expectations in future quarters.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MGNI","symbol_name":"Magnite, Inc.","start_time":0,"source_url":"","article_id":"1114862461","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1114862461","pubTimestamp":1740605919,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Magnite, Inc.  shares plunged 8.96% in after-hours trading on Wednesday, following the release of the company's fourth-quarter earnings report. Despite beating revenue expectations, Magnite's adjusted earnings per share and adjusted EBITDA fell slightly short of analyst estimates.For the fourth quarter, Magnite reported revenue of $194 million, surpassing the consensus estimate of $184.3 million. However, the company's adjusted earnings per share came in at $0.34, missing the expected $0.36. Add","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MGNI":"Magnite, Inc."},"translate_title":"尽管第四季度盈利未达预期，但Magnite股价盘后暴跌8.96%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MGNI":1},"content_text":"Magnite, Inc. (MGNI) shares plunged 8.96% in after-hours trading on Wednesday, following the release of the company's fourth-quarter earnings report. 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