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Magnite Q3 net income jumps 70% to $34m as political ads nearly triple forecast

PPC Land’s Luis Rijo reports Magnite’s Q3 net income rose 70% to $34.0 million, with contribution ex-TAC up 20% to $200.6 million, beating guidance, as CTV grew 39% to reach 53% of the total and political ad spend neared $12 million.

Signal from ppc.land · Luis Rijo · read the original.

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