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

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

The Arena Group Reports First Quarter 2023 Financial Results

May 10, 2023 4:06 PM EDT

Company Delivers Top-Line Revenue and Digital Ad Growth, Topping Analyst Expectations

Company Maintains 2023 Full-Year Guidance

NEW YORK--(BUSINESS WIRE)-- The Arena Group Holdings, Inc. (NYSE American: AREN) (we, us, our, the Company or The Arena Group), a technology platform and media company home to more than 265 brands, including Sports Illustrated, TheStreet, Parade Media (Parade), Mens Journal, and HubPages, today announced financial results for the three months ended March 31, 2023 (Q1 2023). The Company continued to generate top-line improvements in Q1 2023, growing revenues by 7% year-over-year while holding total operating... More