Benzinga | Aug 5, 2021 05:52PM EDT

Magnite Sees Q3 Revenue ex-TAC $112M-$116M

* Revenue ex-TAC(2) for Q3 2021 to be between $112 million and $116 million

* Revenue ex-TAC(2) attributable to CTV for Q3 2021 to be between $41 million and $45 million representing growth of approximately 50% year over year on a pro forma basis(1)

* Adjusted EBITDA operating expenses(3) to be between $77 and $79 million for Q3 2021

* Total capital expenditures for the second half of 2021 to be approximately $16 million