MarketWise Reports Net Income of $22.7 Million and Net Revenue of $97.2 Million for Third Quarter 2024 [Yahoo! Finance]
MarketWise, Inc. - Class A (MKTW)
Company Research
Source: Yahoo! Finance
services platform that provides premium financial research, software, education, and tools for self-directed investors, today reported financial results for third quarter 2024. Third Quarter 2024 Highlights Paid Subscribers were 592 thousand as of September 30, 2024 compared with 774 thousand as of September 30, 2023 Total Net Revenue was $97.2 million in third quarter 2024 compared with $106.2 million in third quarter 2023 Total Billings was $48.9 million in third quarter 2024 compared with $95.5 million in third quarter 2023 Net Income was $22.7 million in third quarter 2024 compared with $12.0 million in third quarter 2023 Cash and Cash Equivalents were $94.1 million as of September 30, 2024 (1) See “Key Business Metrics and Non-GAAP Financial Measures” below. For a reconciliation of Adjusted CFFO and Adjusted CFFO margin, see “Non-GAAP Measures” below. Dr. David “Doc” Eifrig, Interim Chief Executive Officer, commented, “I have been around this Company for two decad
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Sec Filings
- 11/22/24 - Form 4
- 11/22/24 - Form 3
- 11/22/24 - Form 3
- MKTW's page on the SEC website