MNTN Shares Plummet as Go-to-Market Issues Prompt Guidance Cut

Dow Jones11-05

Shares of MNTN plummeted after the company cut its full-year outlook and reported lackluster revenue growth in the third quarter, citing go-to-market execution issues, while bringing in a new chief executive officer.

The stock was down 40% to $6.25 after-hours on Wednesday. Shares closed up 6.7% at $10.37, and are down 13% this year through the close.

The technology company on Wednesday said it appointed board member Tony Weisman as its next CEO, succeeding Mark Douglas. Weisman previously served as marketing chief of Dunkin' U.S. and CEO of digital marketing firm Digitas.

MNTN also said it now projects full-year revenue between $311 million and $314 million. It had previously guided for revenue of $347 million to $357 million, and analysts polled by FactSet are expecting $352.3 million.

The company's third-quarter profit came in at $7.7 million, or 10 cents a share, compared with $6.4 million, or 8 cents a share, a year earlier.

Revenue grew to $80.3 million from $70 million. Analysts were expecting $87.8 million of revenue.

"Our third quarter revenue increased 15% year-over-year and was impacted by unforeseen execution problems in our go-to-market organization," Chief Financial Officer Patrick Pohlen said. "We have updated our full year 2026 guidance to reflect how the business is expected to perform as we realign the sales organization and focus on our strategic priorities."

The company guided for fourth-quarter revenue between $75 million and $78 million. Analysts were expecting $108.5 million in revenue.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2681094692?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-11-05 07:28","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2681094692","market":"sg","top_or_hot":-1,"title":"MNTN Shares Plummet as Go-to-Market Issues Prompt Guidance Cut","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Shares of MNTN plummeted after the company cut its full-year outlook and reported lackluster revenue growth in the third quarter, citing go-to-market execution issues, while bringing in a new chief executive officer. \n</p>\n<p>\n  The stock was down 40% to $6.25 after-hours on Wednesday. Shares closed up 6.7% at $10.37, and are down 13% this year through the close. \n</p>\n<p>\n  The technology company on Wednesday said it appointed board member Tony Weisman as its next CEO, succeeding Mark Douglas. Weisman previously served as marketing chief of Dunkin' U.S. and CEO of digital marketing firm Digitas. \n</p>\n<p>\n  MNTN also said it now projects full-year revenue between $311 million and $314 million. It had previously guided for revenue of $347 million to $357 million, and analysts polled by FactSet are expecting $352.3 million. \n</p>\n<p>\n  The company's third-quarter profit came in at $7.7 million, or 10 cents a share, compared with $6.4 million, or 8 cents a share, a year earlier. \n</p>\n<p>\n  Revenue grew to $80.3 million from $70 million. Analysts were expecting $87.8 million of revenue. \n</p>\n<p>\n  \"Our third quarter revenue increased 15% year-over-year and was impacted by unforeseen execution problems in our go-to-market organization,\" Chief Financial Officer Patrick Pohlen said. \"We have updated our full year 2026 guidance to reflect how the business is expected to perform as we realign the sales organization and focus on our strategic priorities.\" \n</p>\n<p>\n  The company guided for fourth-quarter revenue between $75 million and $78 million. Analysts were expecting $108.5 million in revenue. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<pre style=\"white-space: pre\">\n \n</pre>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>MNTN Shares Plummet as Go-to-Market Issues Prompt Guidance Cut</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMNTN Shares Plummet as Go-to-Market Issues Prompt Guidance Cut\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-11-05 07:28</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Shares of MNTN plummeted after the company cut its full-year outlook and reported lackluster revenue growth in the third quarter, citing go-to-market execution issues, while bringing in a new chief executive officer. \n</p>\n<p>\n  The stock was down 40% to $6.25 after-hours on Wednesday. Shares closed up 6.7% at $10.37, and are down 13% this year through the close. \n</p>\n<p>\n  The technology company on Wednesday said it appointed board member Tony Weisman as its next CEO, succeeding Mark Douglas. Weisman previously served as marketing chief of Dunkin' U.S. and CEO of digital marketing firm Digitas. \n</p>\n<p>\n  MNTN also said it now projects full-year revenue between $311 million and $314 million. It had previously guided for revenue of $347 million to $357 million, and analysts polled by FactSet are expecting $352.3 million. \n</p>\n<p>\n  The company's third-quarter profit came in at $7.7 million, or 10 cents a share, compared with $6.4 million, or 8 cents a share, a year earlier. \n</p>\n<p>\n  Revenue grew to $80.3 million from $70 million. Analysts were expecting $87.8 million of revenue. \n</p>\n<p>\n  \"Our third quarter revenue increased 15% year-over-year and was impacted by unforeseen execution problems in our go-to-market organization,\" Chief Financial Officer Patrick Pohlen said. \"We have updated our full year 2026 guidance to reflect how the business is expected to perform as we realign the sales organization and focus on our strategic priorities.\" \n</p>\n<p>\n  The company guided for fourth-quarter revenue between $75 million and $78 million. Analysts were expecting $108.5 million in revenue. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<pre style=\"white-space: pre\">\n \n</pre>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MNTN","symbol_name":"MNTN, Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2681094692","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2681094692","pubTimestamp":1793834880,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of MNTN plummeted after the company cut its full-year outlook and reported lackluster revenue growth in the third quarter, citing go-to-market execution issues, while bringing in a new chief ex","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MNTN":"MNTN, Inc.","BK4009":"广告"},"translate_title":"上市问题导致指引下调，MNTN 股价暴跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MNTN":1.5},"content_text":"Shares of MNTN plummeted after the company cut its full-year outlook and reported lackluster revenue growth in the third quarter, citing go-to-market execution issues, while bringing in a new chief executive officer. \n\n\n  The stock was down 40% to $6.25 after-hours on Wednesday. Shares closed up 6.7% at $10.37, and are down 13% this year through the close. \n\n\n  The technology company on Wednesday said it appointed board member Tony Weisman as its next CEO, succeeding Mark Douglas. Weisman previously served as marketing chief of Dunkin' U.S. and CEO of digital marketing firm Digitas. \n\n\n  MNTN also said it now projects full-year revenue between $311 million and $314 million. It had previously guided for revenue of $347 million to $357 million, and analysts polled by FactSet are expecting $352.3 million. \n\n\n  The company's third-quarter profit came in at $7.7 million, or 10 cents a share, compared with $6.4 million, or 8 cents a share, a year earlier. \n\n\n  Revenue grew to $80.3 million from $70 million. Analysts were expecting $87.8 million of revenue. \n\n\n  \"Our third quarter revenue increased 15% year-over-year and was impacted by unforeseen execution problems in our go-to-market organization,\" Chief Financial Officer Patrick Pohlen said. \"We have updated our full year 2026 guidance to reflect how the business is expected to perform as we realign the sales organization and focus on our strategic priorities.\" \n\n\n  The company guided for fourth-quarter revenue between $75 million and $78 million. Analysts were expecting $108.5 million in revenue.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.53.0","shortVersion":"4.53.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2681094692","isCrawlerRequest":true}