Magnite, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 149.32 million compared to USD 130.15 million a year ago. Net loss was USD 17.76 million compared to USD 98.73 million a year ago.

Basic loss per share from continuing operations was USD 0.13 compared to USD 0.73 a year ago. Diluted loss per share from continuing operations was USD 0.13 compared to USD 0.73 a year ago.