Magnite Inc. Reports 12% Increase in Contribution ex-TAC, Adjusted EPS Rises to $0.12 in Q1 2025
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Magnite Inc. reported a 12% increase in Contribution ex-TAC to $145.8 million for Q1 2025, with Adjusted EPS rising to $0.12. Contribution from Connected TV reached $63.2 million, exceeding guidance, while Display and Video contributed $82.6 million. Adjusted EBITDA rose 47% to $36.8 million, with a margin of 25%. Operating cash flow was $18.2 million, indicating strong growth in the digital advertising sector, particularly in CTV and DV+ segments.
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