The Arena Group Holdings (AREN) Reports Q3 EPS of ($1.57)

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The Arena Group Continues to Drive Revenues and Audience Growth for Fourth Quarter of 2021

March 28, 2022 4:06 PM EDT

Fourth Quarter Revenues up 44%; Sports Monthly Active Users up 253% Year-Over-Year, Reaching Top Four Among Sports Properties

NEW YORK--(BUSINESS WIRE)-- The Arena Group Holdings, Inc. (NYSE American: AREN) (The Arena Group), a tech-powered media company with 35 owned and operated properties and more than 200 brands including Sports Illustrated, TheStreet, Inc. (TheStreet) and HubPages, Inc. (HubPages) operating on a single technology platform, today announced financial results for the three and twelve months ended December 31, 2021.

2021 Financial and Operational Highlights

For the fourth quarter of 2021, total revenue increased 44% to $61.2 million from... More