Arena Group Posts Third Consecutive Profitable Quarter in Q1 2025 with $4.0 Million in Net Income

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[{"type":"text","content":"Expansion of Brand-Building Activities and Competitive Publishing Model Fuel Positive Results Across Media Brands","length":113,"tagName":"p","attribs":{}},{"type":"text","content":"Management Posts Video Reviewing Quarterly Performance and Strategic Initiatives","length":80,"tagName":"p","attribs":{}},{"type":"text","content":"NEW YORK, May 15, 2025--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) ("Arena"), a technology platform and media company home to hundreds of media brands, including TheStreet, Parade, Men’s Journal, Athlon Sports, Surfer, Powder and more today announced financial results for the three months ending March 31, 2025 ("Q1 2025").","length":371,"tagName":"p"},{"type":"text","content":"Financial Highlights for Q1 2025:","length":33,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Quarterly revenue was $31.8 million compared to $28.9 million for Q1 2024.","length":74,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net income was $4.0 million, or $0.08 per diluted share for Q1 2025, compared to a net loss of $103 million, including a $91 million loss from discontinued operations, or $3.91 per diluted share in Q1 2024.","length":206,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Income from continuing operations was $4.0 million in Q1 2025 compared to a loss from continuing operations of $12.7 million in Q1 2024, nearly a $17 million swing.","length":164,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted EBITDA for Q1 2025 was $9.7 million compared to negative Adjusted EBITDA of $848 thousand for Q1 2024.","length":111,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":555,"olType":false},{"type":"text","content":"Financial Guidance for Q2 2025:","length":31,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Expected revenue of approximately $40-$45 million.","length":50,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Income from continuing operations of approximately $9 - $11 million.","length":68,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":118,"olType":false},{"type":"text","content":""In Q1 2025, we expanded our brand-building activities and competitive publishing model originally pioneered wit...

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