Magnite (NASDAQ:MGNI) reported quarterly earnings of $0.12 per share which beat the analyst consensus estimate of $0.07 by 71.43 percent. This is a 140 percent increase over earnings of $0.05 per share from the same period last year. The company reported quarterly sales of $155.77 million which beat the analyst consensus estimate of $144.20 million by 8.02 percent. This is a 4.32 percent increase over sales of $149.32 million the same period last year.