MarketWise Expects Q1 Billings to Rise 26% Sequentially; Shares Up

MT Newswires Live

04-11

MarketWise (MKTW) said Friday it expects Q1 billings of about $70 million, a more than 26% increase quarter over quarter.

The company added that at March 31, it had 473,000 consolidated paid subscribers and 3 million active free subscribers.

The company said it plans to release Q1 results no later than May 15.

MarketWise shares rose by more than 14% in recent Friday trading.

Price: 11.50, Change: +1.45, Percent Change: +14.43

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