---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-037047"
form_type: "8-K"
ticker: "MKTW"
cik: "0001805651"
company_name: "MARKETWISE, INC."
filed_at: "2024-08-14T23:59:59+00:00"
generated_at: "2026-05-31T09:23:58.679981+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MarketWise reports Q2 GAAP net income $21.2M, names interim CEO David Eifrig

## Summary
- Q2 GAAP net revenue $105.0M, net income $21.2M vs prior-year $103.6M and $9.7M.
- Paid subscribers 645,259 as of June 30, down 14% from 750,287 a year ago.
- David 'Doc' Eifrig appointed interim CEO after founder Porter Stansberry stepped down.
- Legacy Research business dissolved amid mismanagement; wind-down largely complete.
- Company exploring large share repurchase and acquisition of quality financial brands.

## SEC filing metadata
- accession: 0001628280-24-037047
- form_type: 8-K
- ticker: MKTW
- cik: 0001805651
- company_name: MARKETWISE, INC.
- filed_at: 2024-08-14T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805651/000162828024037047/0001628280-24-037047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805651/000162828024037047/mktw-20240814.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-037047
- JSON: https://secwatch.observer/filing/0001628280-24-037047.json
- Plain text: https://secwatch.observer/filing/0001628280-24-037047.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.