Magnite, Inc. (MGNI) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.818 Hello and welcome to the Magnite fourth quarter 2025 earnings conference call. 00:00:05.818 -- 00:00:08.642 All participants will be in listen only mode. 00:00:08.642 -- 00:00:12.887 Should you need assistance, please signal a conference specialist by pressing the star 00:00:12.887 -- 00:00:18.954 key followed by zero. After today's presentation, there'll be an opportunity to ask questions. 00:00:18.954 -- 00:00:24.000 To ask a question, you may press the star then one on your telephone keypad. 00:00:24.000 -- 00:00:27.364 To withdraw your question, please press star then two. 00:00:27.364 -- 00:00:32.472 Please note this event is being recorded. I would now like to turn the conference over 00:00:32.472 -- 00:00:38.340 to Nick Kormiluk of Investor Relations. Please go ahead. 00:00:38.340 -- 00:00:40.123 Thank you, operator, and good afternoon, everyone. 00:00:40.123 -- 00:00:43.928 Welcome to Magnite's fourth quarter 2025 earnings conference call. 00:00:43.928 -- 00:00:46.352 As a reminder, this conference call is being recorded. 00:00:46.352 -- 00:00:50.377 Joining me on the call today are Michael Barrett, CEO, and David Day, our CFO. 00:00:50.377 -- 00:00:53.602 I would like to point out that we have posted financial highlight slides on our Investor 00:00:53.602 -- 00:00:56.748 Relations website to accompany today's presentation. 00:00:56.748 -- 00:01:00.093 Before we get started, I will remind you that our prepared remarks and answers to questions 00:01:00.093 -- 00:01:03.938 will include information that might be considered to be forward-looking statements, including 00:01:03.938 -- 00:01:08.684 but unlimited to statements concerning our anticipated financial performance and strategic 00:01:08.684 -- 00:01:13.411 objectives, in...