MNTN Q2 revenue $82.5M (+21% YoY), net income $6.7M, authorizes $100M buyback

MNTN, Inc.

Revenue $82.5M (+21% YoY); gross margin improved to 80% from 77%.
Net income $6.7M vs net loss $26.2M in Q2 2025; Adjusted EBITDA $21.5M (+48% YoY).
Board authorized $100M stock repurchase program through August 2027.
Q3 2026 revenue guidance $86-89M; full year 2026 revenue $347-357M.
Cash and cash equivalents $237.3M, no borrowings outstanding.

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