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Magnite sees FY24 EPS positive

Sees FY24 adjusted EBITDA up mid-teens. The company said, “Reaffirming Adjusted EBITDA growth for 2024 to be in the mid-teens, and even higher growth in free cash flow. Total capital expenditures for 2024 to be approximately $50 million. Net income and earnings per share to be positive for 2024 on a GAAP basis.”

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