Magnite, Inc. (NASDAQ:MGNI) Q4 2023 Earnings Conference Call February 28, 2024 4:30 PM ET
Company Participants
Nick Kormeluk - IR
Michael Barrett - President and CEO
David Day - CFO
Conference Call Participants
Daniel Kurnos - The Benchmark Company
Laura Martin - Needham
Jason Kreyer - Craig-Hallum
Shweta Khajuria - Evercore ISI
Daniel Day - B. Riley
Omar Dessouky - Bank of America
Matthew Swanson - RBC Capital Markets
Operator
Good afternoon and welcome to the Magnite Q4 2023 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded.
I would now like to turn the conference over to Nick Kormeluk of Investor Relations. Please go ahead.
Nick Kormeluk
Thank you, operator and good afternoon everyone. Welcome to Magnite's fourth quarter 2023 earnings conference call. As a reminder, this conference call is being recorded. Joining me on the call today are Michael Barrett, CEO, and David Day, our CFO.
I would like to point out that we have posted financial highlight slides on our Investor Relations website to accompany today's presentation. Before we get started, I will remind you that our prepared remarks and answers to questions will include information that might be considered to be forward-looking statements, including but not limited to statements concerning our anticipated financial performance and strategic objectives including the potential impacts of macroeconomic factors on our business.
These statements are not guarantees of future performance. They reflect our current views with respect to future events and are based on assumptions and estimates, and subject to known and unknown risks, uncertainties, and other factors that may cause our actual results, performance, or achievements to be materially different from expectations or results projected or implied by forward-looking statements.
A discussion of these and other risks, uncertainties, and assumptions is set forth in the company's periodic reports filed with the SEC including our 2023 annual report on Form 10-K. We undertake no obligation to update forward-looking statements or relevant risks.
Our commentary today will include non-GAAP financial measures including contribution ex-TAC or less traffic acquisition costs, adjusted EBITDA, and non-GAAP income per share. Reconciliations between GAAP and non-GAAP metrics for our reported results can be found in our earnings press release and in the financial highlights deck that is posted on our Investor Relations website.
At times in response to your questions, we may offer additional metrics to provide greater insights into the dynamics of our business. Please be advised that this additional detail may be one-time in nature and we may or may not provide an update on the future of these metrics. I encourage you to visit our Investor Relations' website and access our press release, financial highlights deck, periodic SEC reports, and the webcast replay of today's call to learn more about Magnite.