The Arena Group Holdings (AREN) Misses Q1 EPS by 37c

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Go back to The Arena Group Holdings (AREN) Misses Q1 EPS by 37c

The Arena Group’s Gross Profit Triples and Reports 44% Revenue Increase for First Quarter of 2022

May 4, 2022 4:06 PM EDT

Favorable Advertising Mix Drives Digital Advertising Revenue Increases of 127%

NEW YORK--(BUSINESS WIRE)-- The Arena Group Holdings, Inc. (NYSE American: AREN) (the Company or The Arena Group), a tech-powered media company with 40 owned and operated properties and more than 200 brands including Sports Illustrated, TheStreet, Inc. (TheStreet), Parade Media (Parade), and HubPages, Inc. (HubPages) operating on a single technology platform, today announced financial results for the first quarter of 2022. The results do not include any contribution from AMG/Parade, which was acquired subsequent to the first quarter.

First Quarter of 2022 Financial and Operational... More