Magnite Inc (NAS:MGNI)
$ 13.06 -0.26 (-1.95%) Market Cap: 1.83 Bil Enterprise Value: 2.24 Bil PE Ratio: 0 PB Ratio: 2.63 GF Score: 76/100

Q3 2020 Magnite Inc Earnings Call Transcript

Nov 09, 2020 / 09:30PM GMT
Release Date Price: $11.03 (-2.82%)
Operator

Good afternoon, and welcome to the Magnite Third Quarter 2020 Earnings Conference Call. (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
Magnite, Inc. - VP of IR & Head of Global Real Estate

Thank you, operator, and good afternoon, everyone. Welcome to Magnite's Third Quarter 2020 Earnings Conference Call. As a reminder, the comparisons you will see in the 10-Q as reported include the combined financial results in the third quarter of 2020, but for 2019, the results do not include Telaria.

During the course of this call, when we refer to results associated to year-over-year comparisons with the phrase, as reported, we are referring to the basis as reported in our 10-Q. When we make comments referring to proforma comparisons, we are using combined company metrics for the prior year period in 2019 as the basis for comparison in order to provide additional detailed insights to business proforma that management also uses

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