Magnite reported strong Q3 2026 results with revenue of $204.2 million, up 14% year-over-year, and net income of $34 million, a 70% increase from the previous year. The company's contribution ex-TAC grew 20%, led by a 39% surge in connected TV (CTV) advertising, which now accounts for 53% of total contribution. Adjusted EBITDA rose 46% with a 42% margin, prompting Magnite to raise its full-year 2026 growth outlook across key metrics. The company expects continued top-line growth in 2027, excluding political revenue, with an adjusted EBITDA margin of at least 38.5%.
Magnite's Q3 2026 results provide context for readers. As of Nov 05, 2026 03:21 WIB, among 57 priced Media-sector US stocks tradable on Pluang, 51 rose and 6 fell. Notable movers include Fiverr International Ltd (FVRR) at USD 8.78 with a 6.36% increase and 100% buy order activity, Snap Inc (SNAP) at USD 5.93 with a 6.17% rise but 100% sell order activity, and Bilibili Inc (BILI) at USD 13.95 up 5.76% with 93% sell orders. The highest single-day gain observed was Fiverr International Ltd with +6.36%.
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