Magnite: Q3 Earnings Snapshot

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NEW YORK (AP) — NEW YORK (AP) — Magnite, Inc. (MGNI) on Wednesday reported a loss of $17.5 million in its third quarter.

On a per-share basis, the New York-based company said it had a loss of 13 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to 12 cents per share.

The digital ad exchange operator posted revenue of $150.1 million in the period. Its adjusted revenue was $133.1 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MGNI at https://www.zacks.com/ap/MGNI

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