Kenneth Wu's questions to Magnite Inc (MGNI) leadership • Q2 2025
Question
Kenneth Wu of Wolfe Research, LLC asked for the reasoning behind reinstating the full-year guidance, especially after raising the Q3 outlook.
Answer
CFO David Day explained that while the ad market isn't robust, it has stabilized more than initially feared. This stability, combined with accelerating organic growth in CTV (ex-political) and unexpected strength in the DV+ business, gave management the confidence to reinstate the full-year outlook.