MGNI Q3 Results Beat Expectations, CTV Momentum Drives Growth Amid Industry Shifts

Digital advertising platform Magnite reported Q3 CY2025 results, beating Wall Street's revenue expectations with a 10.8% YoY growth to $179.5 million. Non-GAAP profit was $0.20 per share, in line with estimates. Management attributed the performance to CTV momentum, agency marketplaces, and the ramp-up of key technology partners, but noted sector pressures and evolving industry dynamics.