NYSE:MNTNMedia
MNTN (MNTN) Losses Deepen 14.8% Annually, Challenging Bullish Turnaround Narrative
MNTN (MNTN) remains in the red, with net losses having deepened at a pace of 14.8% per year over the last five years and no sign yet of a positive net profit margin. That said, there is a bold turnaround forecast: earnings are projected to grow at a steep 90.92% annually, with a shift into profitability expected within three years. With revenue growth expectations of 18% per year outpacing the wider US market, the latest results put all eyes on whether strong forward momentum will finally...