MarketWise reports Q1 EPS 41c vs 85c last year

Reports Q1 revenue $83.5M vs $108.99M last year. Dr. David “Doc” Eifrig, Interim Chief Executive Officer, commented, “Consistent with our announcement in mid-April, I am pleased to see the continued progress in our financial results as we execute against our strategic priorities. Billings for the first quarter increased more than 27% compared to 4Q 2024 and Cash from Operating Activities improved by $20 million compared to the same quarter last year. As we said in April, our mission and top priority is to provide world class financial research, actionable investing ideas, and software tools to our customers. These strong results demonstrate the value and trust that our customers place in our products.”