8/8/2025, 10:08:11 AM | simplywall.st | news
Magnite Second Quarter 2025 Earnings: Beats Expectations
Magnite reported strong second-quarter 2025 financial results, with revenue of US$173.3 million, up 6.4% from the same period in 2024. The company achieved a net income of US$11.1 million, turning a previous net loss of US$1.08 million into profitability, driven primarily by higher revenue. Profit margin improved to 6.4%, and earnings per share (EPS) rose to US$0.079, up from a loss of US$0.008 in the prior year quarter. Revenue exceeded analyst estimates by 3.1%, and EPS surpassed estimates by 143%. Looking ahead, Magnite forecasts 5.9% annual revenue growth over the next three years, outpacing the US media industry's projected 3.8% growth. The company's shares declined 5.5% from the previous week. Magnite operates an independent omni-channel sell-side advertising platform in the United States and internationally, with a solid balance sheet and moderate growth potential.