Magnite Publishes Q3 2026 Earnings Call Transcript
Bitget2026/11/05 06:44- Magnite’s November 4, 2026, third-quarter earnings call featured CEO Michael Barrett, CFO Brian Gephart and analysts.
- Full-year contribution ex-TAC growth guidance rose to approximately 17% from 13%-14%; the adjusted EBITDA margin forecast increased to approximately 38.5%.
- Third-quarter contribution ex-TAC climbed 20% to $201 million; adjusted EBITDA rose 46% to $83 million.
- Political contribution ex-TAC is now expected to exceed $40 million for 2026, versus $15 million previously projected.
- Management expects 2027 top-line growth above 15% excluding political advertising, or above 10% on a reported basis.
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