Magnite Inc (NAS:MGNI)
$ 16.79 0.17 (1.02%) Market Cap: 2.36 Bil Enterprise Value: 2.59 Bil PE Ratio: 279.83 PB Ratio: 3.26 GF Score: 75/100

Q2 2021 Magnite Inc Earnings Call Transcript

Aug 05, 2021 / 08:30PM GMT
Release Date Price: $30.7 (+3.61%)
Operator

Good afternoon and welcome to the Magnite Second Quarter 2021 Conference Call. (Operator Instructions) Please note, this event is being recorded.

I would now like to turn the conference over to Nick Kormeluk, Head of Investor Relations. Please go ahead.

Nick Kormeluk
Magnite, Inc. - VP of IR & Head of Global Real Estate

Thank you, operator, and good afternoon, everyone. Welcome to Magnite's Second Quarter 2021 Earnings Conference Call. As a reminder, the comparisons you will see in the 10-Q, as reported, include the financial results of SpotX for May and June of 2021, but for the second quarter of 2020, the results do not include SpotX, given the acquisition date of April 30, 2021.

During the course of this call, when we refer to results and associated year-over-year comparisons with the phrase as reported, we're referring to the basis as reported in our 10-Q. When we make comments referring to pro forma comparisons, we are including SpotX for the second quarter of 2020 and the month of April in 2021 in order to provide additional

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