MNTN Shares Surge on Swing to 4Q Profit

Dow Jones
Feb 11
 

By Elias Schisgall

 

Shares of MNTN surged after the company swung to a profit in the fourth quarter, beating Wall Street estimates.

Shares jumped 34% to $10.90 in pre-market trading Wednesday. The stock is down 69% over the past year.

The TV advertising platform company on Wednesday recorded a profit of $34.5 million, or 43 cents a share, compared with a loss of $4 million, or 28 cents a share, a year earlier.

Revenue rose to $87.1 million, up from $69.8 million a year earlier.

Analysts surveyed by FactSet were expecting earnings of 24 cents a share and $86.2 million in revenue. The company had guided for revenue between $85.5 million and $86.5 million.

For the current first quarter, MNTN is expecting revenue of between $71.3 million and $73.3 million. Analysts had expected $74.7 million.

The company is forecasting full-year revenue of between $345 million and $355 million, compared with analysts' estimate of $345.5 million.

 

Write to Elias Schisgall at elias.schisgall@wsj.com

 

(END) Dow Jones Newswires

February 11, 2026 08:21 ET (13:21 GMT)

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