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Magnite Inc (Magnite) is an advertising technology company that provides online advertising solutions to web publishers and ad networks. The company also offers ad network optimization services and ad quality protection programs. In addition, it provides solutions to stop unwanted ads in tracks by protecting web publishers. The company offer its services to digital advertising inventory sellers including websites, mobile applications and also other digital media properties. Magnite is headquartered in Los Angeles, California, the US.
Headquarters
United States of America
Address
15th Floor, 1250 Broadway, New York City, 10001
Website
www.magnite.com
Telephone
1 212 2432769
No of Employees
911
Industry
Media
Ticker Symbol & Exchange
MGNI (NASD)
Revenue (2022)
$619.7M
7.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-22.1%
(2022 vs 2021)
Market Cap*
$1.2B
Net Profit Margin (2022)
XYZ
-13.8%
(2022 vs 2021)
* As of and is in US$
Magnite Inc premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Online Advertising Solutions | Magnite |
| Advertising Platform | ClearLine |
| Steaming Platform | SpringServe |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the company partnered with KERV Interactive to deliver immersive advertising experiences at scale. |
| 2024 | Contracts/Agreements | In January, the company entered into a collaboration with iHeartMedia to provide benefits for both advertisers and buyers. |
| 2023 | Corporate Changes/Expansions | In December, the company launched a new office in Mumbai, Maharashtra, India. |
Competitor Comparison
| Key Parameters | Magnite Inc | Amazon.com Inc | Google LLC | Microsoft Corp | Meta Platforms Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | New York City | Seattle | Mountain View | Redmond | Menlo Park |
| State/Province | New York | Washington | California | Washington | California |
| No. of Employees | 911 | 1,525,000 | 178,234 | 221,000 | 67,317 |
| Entity Type | Public | Public | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Paul Caine | Chairman | Executive Board | 2020 | 58 |
| Michael Barrett | Chief Executive Officer; Director | Executive Board | 2017 | 61 |
| David Day | Chief Financial Officer | Senior Management | 2018 | 61 |
| Katie Evans | Chief Operating Officer | Senior Management | 2020 | 38 |
| Brian Gephart | Chief Accounting Officer | Senior Management | 2021 | 44 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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