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    Brian Kraska • Wolfe Research

    Brian Kraska's questions to Magnite Inc (MGNI) leadership

    Brian Kraska's questions to Magnite Inc (MGNI) leadership • Q3 2024

    Question

    Brian Kraska, on for Shweta Khajuria, asked for an update on The Trade Desk's OpenPath and its impact on DV+ share, and requested more color on advertising vertical trends.

    Answer

    CEO Michael Barrett provided no major update on OpenPath, stating Magnite participates in its CTV economics and continues to grow its spend share with The Trade Desk in DV+. CFO David Day noted that Magnite is not overly dependent on specific verticals but highlighted political (3.5% of contribution ex-TAC), news, and retail as strong performers in the quarter.

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    Brian Kraska's questions to Magnite Inc (MGNI) leadership • Q3 2024

    Question

    Brian Kraska, on behalf of Shweta Khajuria, asked for an update on the impact of The Trade Desk's OpenPath and for color on advertising vertical trends.

    Answer

    CEO Michael Barrett provided no major update on OpenPath, stating Magnite participates in its CTV economics and continues to grow its spend share with The Trade Desk in DV+. CFO David Day noted that while Magnite is not overly dependent on any single vertical, political was the strongest performer at 3.5% of contribution ex-TAC, with news and retail also performing well.

    Ask Fintool Equity Research AI