Magnite, Inc. (MGNI) Q2 2021 Earnings Call

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WEBVTT 00:00:00.609 -- 00:00:05.473 Good afternoon and welcome to the Magnite second quarter 2021 00:00:05.473 -- 00:00:10.217 conference call. All participants will be in listen-only mode. 00:00:10.217 -- 00:00:15.160 Should you need assistance, please signal a conference specialist by pressing the star 00:00:15.160 -- 00:00:20.624 key followed by zero. After today's presentation, there will be an opportunity 00:00:20.624 -- 00:00:26.149 to ask questions. To ask a question, you may press star then one on your telephone 00:00:26.149 -- 00:00:31.236 keypad. To withdraw your question, please press star then two. 00:00:31.236 -- 00:00:36.338 Please note this event is being recorded. I would now like to turn the conference over 00:00:36.338 -- 00:00:38.739 to Nick Kormeluk, 00:00:38.739 -- 00:00:42.060 head of Investor Relations. Please go ahead. 00:00:42.060 -- 00:00:43.501 Thank 00:00:43.501 -- 00:00:45.021 you, operator, and good afternoon, everyone. 00:00:45.021 -- 00:00:49.083 Welcome to Magnite's second quarter 2021 earnings conference call. 00:00:49.083 -- 00:00:53.364 As a reminder, the comparisons you will see in the 10-Q, as reported, include the financial 00:00:53.364 -- 00:00:56.701 results of SpotX for May and June of 2021, 00:00:56.701 -- 00:01:01.002 But for the second quarter of 2020, the results do not include spot X given the acquisition 00:01:01.002 -- 00:01:03.432 date of April 30, 2021. 00:01:03.543 -- 00:01:07.264 During the course of this call, when we refer to results and associated year-over-year 00:01:07.264 -- 00:01:12.145 comparisons with the phrase as reported, we were referring to the basis as reported in 00:01:12.145 -- 00:01:17.187 our 10Q. When we make comments referring to pro forma comparisons, we 00:01:17.187 -- 00:01:22.648 are includ...