MNTN Q3 revenue rises 15% to $80.3 million; Tony Weisman named CEO
MNTN reported third quarter 2026 revenue of $80.3 million, up 15% year over year, and net income of $7.7 million, up 19%. The board also named director Tony Weisman as President and CEO effective November 2, 2026, replacing Mark Douglas, who will leave the company on December 3, 2026. The company updated its full year 2026 guidance, which calls for fourth quarter revenue of $75 million to $78 million, below the third quarter level.
Key points
- Q3 2026 revenue was $80.3 million, up 15% year over year; net income was $7.7 million, or $0.10 per diluted share, versus $6.4 million in Q3 2025
- Full year 2026 revenue is expected at $311 million to $314 million, and Adjusted EBITDA at $66 million to $68 million
- Q4 2026 revenue is expected at $75 million to $78 million and Adjusted EBITDA at $8 million to $10 million
- CFO Patrick Pohlen cited unforeseen execution problems in the go-to-market organization and said the sales organization is being realigned
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.