The Arena Group Holdings (AREN) Misses Q1 EPS by 43c; Offers FY23 Revenue Guidance

The Arena Group Holdings (NYSE: AREN) reported Q1 EPS of ($1.04), $0.43 worse than the analyst estimate of ($0.61). Revenue for the quarter came in at $51.4 million versus the consensus estimate of $48.5 million.

GUIDANCE:

The Arena Group Holdings sees FY2023 revenue of $255-270 million, versus the consensus of $260 million.

For earnings history and earnings-related data on The Arena Group Holdings (AREN) click here.

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