The Arena Group Holdings (AREN) Misses Q2 EPS by 62c
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The Arena Group Reports Record Revenue and Positive Net Cash Generated from Operating Activities in the Second Quarter of 2022; Total Revenue Increases 87%, As Digital Ad Revenue Grows 114% Year-Over-
August 9, 2022 4:06 PM EDTAudience Grows 82% Year-Over-Year To More Than 1.5 Billion Pageviews in Q2
NEW YORK--(BUSINESS WIRE)-- The Arena Group Holdings, Inc. (NYSE American: AREN) (the Company or The Arena Group), a tech-powered media company home to more than 240 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 second quarter of 2022, the three and six months ended June 30, 2022.
Second Quarter 2022 Financial and Operational Highlights
Total revenue increased 87% to $65.1 million from $34.7 million in the prior... More