May 3, 2024

Programmatic

In a world where nearly everyone is always online, there is no offline.

Magnite’s Growth Slows, But AVOD And Retail Media Can Restart The Engine

Magnite’s quarterly revenue was up 11% year-over-year in Q3, with a large chunk of its growth coming from streaming. Growth is slower for the company than it was last quarter, but Magnite expects AVOD inventory and retail media to become bigger growth drivers for its bottom line. Still, though, Magnite’s keeping its guidance conservative for next quarter.

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