MarketWise Reports Q3 Earnings Beat Driven by Record ARPU
MarketWise reported third-quarter financial results that exceeded analyst expectations for both top and bottom lines. Despite experiencing a decline in total subscribers, the company achieved record Average Revenue Per User (ARPU), which effectively offset the subscriber loss to drive strong performance. The company reported GAAP earnings per share of $0.53, surpassing estimates by $0.21, while revenue reached $80.9 million, beating projections by $2.43 million. Following these results, MarketWise has reaffirmed its financial outlook for fiscal year 2026.
Tickers: $MKTW
Topics: earnings beat EPS surprise revenue growth