Mega Matrix Reports Wider Y/Y Q3 Loss but Outpaces Market Trends [Yahoo! Finance]
Mega Matrix Inc. Class A Ordinary Shares (MPU)
Company Research
Source: Yahoo! Finance
This stock price increase has outperformed the S&P 500 index's 2.3% decline during the same period. Over the past month, the MPU stock has risen 16.6%, outperforming the S&P 500's 0.7% growth, reflecting robust investor confidence in the company's growth trajectory. Mega Matrix reported revenues of $10.3 million for the third quarter of 2024, driven by $9.3 million from membership and top-up streaming services and $1 million from online advertising services. The company incurred a third-quarter 2024 loss of 8 cents, wider than a loss of 5 cents in the third quarter of 2023. Mega Matrix Inc. price-consensus-eps-surprise-chart | Mega Matrix Inc. Quote The gross profit for the quarter was $6.1 million, translating to a gross margin of nearly 60%. However, the company reported a net loss of $3.2 million, wider than the $1.6-million loss in third-quarter 2023. Operating expenses grew substantially year over year, with selling expenses increasing to $6.4 million from $4,600, and g
Show less
Read more
Impact Snapshot
Event Time:
MPU
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MPU alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MPU alerts
High impacting Mega Matrix Inc. Class A Ordinary Shares news events
Weekly update
A roundup of the hottest topics
MPU
News
- Mega Matrix Inc. Signs MOU with 9Yards Cinema Production to Establish A $100m Investment Fund for Global Short Drama and Pan-Entertainment Sector [Yahoo! Finance]Yahoo! Finance
- Mega Matrix Inc. Signs MOU with 9Yards Cinema Production to Establish A $100m Investment Fund for Global Short Drama and Pan-Entertainment SectorPR Newswire
- Mega Matrix Announced that the English Version of Short Drama "When My Son Choose His Wife" Premiered on FlexTV on November 19PR Newswire
- Mega Matrix Announces that the Romantic Comedy Drama "Tears After 'I Do'" to Be Launched on November 26PR Newswire
- MPU Delivered a Speech at the 45th American Film Market FlexTV International Forum - "Short Dramas: Where Entertainment Meets the Internet" - Full Coverage by HTTV NEWS L.A.PR Newswire
MPU
Sec Filings
- 11/7/24 - Form 15-12G
- 10/25/24 - Form S-8
- 10/1/24 - Form 4
- MPU's page on the SEC website