The Arena Group Q1 2023 Earnings Report

The Arena Group EPS Results

• Actual EPS: -$1.04
• Consensus EPS: -$1.21
• Beat/Miss: Beat by +$0.17
• One Year Ago EPS: N/A

The Arena Group Revenue Results

• Actual Revenue: $51.38 million
• Expected Revenue: $48.77 million
• Beat/Miss: Beat by +$2.61 million
• YoY Revenue Growth: N/A

The Arena Group Announcement Details

• Quarter: Q1 2023
• Date: 5/10/2023
• Time: N/A

The Arena Group (NYSE:AREN), together with its subsidiaries, operates digital media platform in the United States and internationally. The company offers the Platform, a proprietary online publishing platform comprising publishing tools, video platforms, social distribution channels, newsletter technology, machine learning content recommendations, notifications, and other technology. The company also offers content from individual creators to the HubPages network of premium content channels, such as PetHelpful, dengarden and Fashionista for writers, explorers, knowledge seekers, and conversation starters to connect in an interactive and informative online space under the HubPages brand. In addition, it operates the media business for Sports Illustrated brand. Further, the company owns and operates brands, including TheStreet, a financial news and information provider to investors and institutions, and produces business news and market analysis for individual investors; The Spun, an online independent sports publication; Parade, an entertainment coverage with stories and health content; and Men's Journal, a suite of digital assets that provides audience with access to premium active lifestyle brands. The company was formerly known as TheMaven, Inc. and changed its name to The Arena Group Holdings, Inc. in February 2022. The company is based in New York, New York. The Arena Group Holdings, Inc. operates as a subsidiary of Authentic Brands Group Inc.