Magnite, Inc. (NASDAQ:MGNI) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET
Company Participants
Nick Kormeluk - VP, IR & Head, Global Real Estate
Michael Barrett - CEO
David Day - CFO
Conference Call Participants
Laura Martin - Needham and Company
Shyam Patil - Susquehanna
Jason Kreyer - Craig-Hallum Capital
Tim Nollen - Macquarie
Omar Dessouky - Bank of America
Dan Kurnos - The Benchmark Company
Brian Kraska - Wolfe Research
Zach Cummins - B. Riley
Simran Biswal - RBC Capital Markets
Robert Coolbrith - Evercore ISI.
Alec Brondolo - Wells Fargo Securities
Max Michaelis - Lake Street Capital Markets
Operator
Good day, and welcome to Magnite Third Quarter 2024 Earnings Call. All participants will be in a 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, Investor Relations. Please go ahead.
Nick Kormeluk
Thank you, operator, and good afternoon, everyone. Welcome to Magnite's third quarter 2024 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'll 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 anticipated financial performance and strategic objectives, including the potential impacts of macroeconomic factors on our business.
These statements are not guarantees of future performance that 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 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 third quarter 2024 Quarterly Report on Form 10-Q and our 2023 Annual Report on Form 10-K. We undertake no obligation to update forward-looking statements or relative 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.