Key Highlights

  • Porch Group, Inc. (NASDAQ:PRCH) traded at USD 19.80, up 21.47%, pre-market on Thursday, October 29, 2026 after its release of Wednesday, October 28, 2026 lifted 2026 adjusted EBITDA guidance to USD 135 million to USD 140 million from USD 119 million to USD 125 million.
  • MediaAlpha, Inc. (NYSE:MAX) traded at USD 13.74, up 17.24%, after record third quarter Revenue of USD 375.9 million and a fourth quarter revenue range of USD 355 million to USD 375 million.
  • Cohu (NASDAQ:COHU) traded at USD 56.40, up 6.13%, after third quarter net sales of USD 173.0 million and fourth quarter guidance of about USD 178 million, plus or minus USD 7 million.
  • MYR Group (NASDAQ:MYRG) traded at USD 295.00, up 5.39%, with no third quarter figure or guidance available, so the link to its scheduled report is an inference. Ranking is by size of move.

Porch Group, Inc. (NASDAQ:PRCH): the largest move rests on a raised range

Porch Group, Inc. (NASDAQ:PRCH), a vertical software and insurance services company serving the home, reported third quarter consolidated revenue of USD 143.9 million, up 13% from USD 127.3 million. Net Income attributable to Porch was USD 12.2 million, or USD 0.10 per diluted share, against a loss of USD 10.9 million, and adjusted EBITDA excluding Reciprocal, the insurance exchange it manages, was USD 44.5 million against USD 20.6 million. Revenue guidance for the Porch-owned segments rose to USD 518 million to USD 523 million. Insurance Services revenue was USD 102.8 million, up 39%, Reciprocal Written Premium, the premium written by the exchange, was USD 161.0 million, up 17%. Policies written rose 42%. Unrestricted cash, cash equivalents and investments were USD 157.6 million.

Guidance matters here because the raise covers both revenue and profit, which signals Margin expansion and not only volume. The bear reading centres on leverage, since convertible Debt principal was USD 467.3 million at Wednesday, September 30, 2026. A pending purchase of Allied Trust Insurance Company adds cash demands, with closing expected no earlier than Friday, January 1, 2027. Pre-market quotes reflect thin Liquidity and can change before the open.

MediaAlpha, Inc. (NYSE:MAX): carrier Demand supports the outlook

MediaAlpha, Inc. (NYSE:MAX), a technology platform through which insurance carriers buy customer Acquisition traffic, reported third quarter net income of USD 29.4 million, up 66.4%, and adjusted EBITDA of USD 39.5 million, up 35.8%. Diluted Earnings per Share attributable to Class A shareholders were USD 0.46. The release states that carriers are competing aggressively for new home and auto policies and that management expects double-digit growth in 2027 and beyond.

The guidance is less aggressive than the quarter. Fourth quarter revenue tops out at the third quarter figure, which implies no sequential growth at its upper end, while adjusted EBITDA is guided to USD 36.0 million to USD 39.0 million and full-year free Cash Flow to USD 90 million to USD 100 million. Cash of USD 18.7 million sits against total debt of USD 174.9 million, and a chief financial officer transition cost USD 0.9 million in severance. Gross margin was 14.7% and contribution margin was 15.3%. The company repurchased about 0.8 million shares for USD 9 million in the quarter, taking cumulative repurchases to USD 64 million of a USD 100 million programme.

Cohu (NASDAQ:COHU): a cyclical supplier guides to slower growth

Cohu (NASDAQ:COHU), a supplier of test and inspection equipment used by semiconductor manufacturers, reported net sales up 37% from a year earlier and about 16% from USD 149.0 million in the second quarter. GAAP net income was USD 12.1 million, or USD 0.22 per diluted share, and non-GAAP net income was USD 23.3 million. The company raised its fiscal 2026 high-performance computing revenue outlook to approximately USD 120 million, and cash and investments stood at USD 507.9 million. Non-GAAP net income rose from USD 14.1 million, or USD 0.26 per share, in the second quarter to USD 0.43 per share, on a gross margin of 45.7% on a non-GAAP basis.

Simple arithmetic on the published figures puts the guidance midpoint about 3% above third quarter sales, so the improvement is expected to continue at a slower pace. The bear reading is the gap between GAAP profit of USD 0.22 per share and the non-GAAP figure, together with cyclical Capital spending and concentration among a small number of large chip customers. The release gave no earnings per share guidance.

MYR Group (NASDAQ:MYRG): a move without a confirmed outlook

MYR Group (NASDAQ:MYRG), a specialty electrical contractor serving transmission and distribution utilities and commercial and industrial customers, had scheduled its third quarter and first nine months results for Wednesday, October 28, 2026, which is the most probable catalyst, an inference. Simple arithmetic on the snapshot implies a prior close of about USD 279.91. The latest confirmed results, in the release of Wednesday, July 29, 2026, showed second quarter revenue of USD 1,081.7 million, net income of USD 49.9 million and gross margin of 13.2%. Commercial and Industrial revenue reached a record USD 557.7 million at an Operating Margin of 8.5%, and Transmission and Distribution revenue was USD 524.0 million at 9.4%.

That release carried no forward guidance, so Backlog is the nearest proxy for the outlook. Backlog, the value of contracted work not yet performed, was USD 3.16 billion at Tuesday, June 30, 2026, up 19.6%, split between USD 1.27 billion in Transmission and Distribution and USD 1.89 billion in Commercial and Industrial. The bear reading is that a price near USD 295.00 leaves little room for a margin below 13.2%, and the acquired Valley Electric and Comet Electric businesses add integration risk.

Where Things Stand

The answer is that guidance explains the size of the reaction more than the quarter itself. Porch Group, Inc. (NASDAQ:PRCH) and MediaAlpha, Inc. (NYSE:MAX) combined a raised or firm range with record profit, and moved the most. Cohu (NASDAQ:COHU) paired strong sales with a guide pointing to slower growth, and the smaller gain reflects that. MYR Group (NASDAQ:MYRG) offers no confirmed range at all.

Each reaction is measured on thin pre-market volume, so the ordering by size of move may differ once regular trading begins. The next catalysts are the 9:30 a.m. ET open on Thursday, October 29, 2026, the quarterly filings that follow each report and the fourth quarter results of each company. Pre-market prices are snapshots and can change, and this is not Investment advice.