Magnite, Inc. (MGNI) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.018 Good day and welcome to Magnite Q1 2025 Warnings Conference Call. 00:00:05.018 -- 00:00:07.722 All participants will be in a listen-only mode. 00:00:07.722 -- 00:00:11.508 Should you need assistance, please signal a conference specialist by pressing the star 00:00:11.508 -- 00:00:16.255 key followed by zero. After today's presentation, there will be an opportunity to ask 00:00:16.255 -- 00:00:17.717 questions. 00:00:17.717 -- 00:00:22.063 To ask a question, you may press star then one on your telephone keypad. 00:00:22.063 -- 00:00:25.889 To withdraw your question, please press star then two. 00:00:25.889 -- 00:00:28.887 Please note this event is being recorded. 00:00:28.887 -- 00:00:33.393 I would now like to turn the conference over to Nick Karmaluk in Investor Relations. 00:00:33.393 -- 00:00:35.834 Please go ahead. 00:00:36.057 -- 00:00:37.980 Thank you, Operator, and good afternoon, everyone. 00:00:37.980 -- 00:00:41.605 Welcome to Magnite's first quarter 2025 earnings conference call. 00:00:41.605 -- 00:00:44.008 As a reminder, this conference call is being recorded. 00:00:44.008 -- 00:00:48.094 Joining me on the call today are Michael Barrett, CEO, and David Day, our CFO. 00:00:48.094 -- 00:00:51.518 I would like to point out that we have posted financial highlight slides on our Investor 00:00:51.518 -- 00:00:54.571 Relations website to accompany today's presentation. 00:00:54.571 -- 00:00:58.095 Before we get started, I will remind you that our prepared remarks and answers to questions 00:00:58.095 -- 00:01:01.980 will include information that might be considered to be forward-looking statements, including 00:01:01.980 -- 00:01:06.446 but not limited to statements concerning our anticipated financial performance and strateg...