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NYSE:AREN

The Arena Group 11/14/2023 Earnings Report

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$4.82 -0.29 (-5.68%)
As of 12:33 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

The Arena Group EPS Results

Actual EPS
-$0.48
Consensus EPS
-$0.38
Beat/Miss
Missed by -$0.10
One Year Ago EPS
N/A

The Arena Group Revenue Results

Actual Revenue
$63.42 million
Expected Revenue
$67.80 million
Beat/Miss
Missed by -$4.38 million
YoY Revenue Growth
N/A

The Arena Group Announcement Details

Quarter
Time
N/A
Conference Call Date
N/A
Conference Call Time
N/A

Conference Call Resources

The Arena Group Earnings Headlines

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The Arena Group Updates Investor Presentation
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About The Arena Group

The Arena Group (NYSE:AREN), Inc. (NYSE: AREN) is a digital content and commerce company that operates a diversified portfolio of media brands across finance, sports and lifestyle categories. The company produces original editorial content, multimedia programming and newsletters for a broad digital audience, leveraging websites, social media, podcasts and video channels. Through e-commerce initiatives, affiliate marketing partnerships and targeted advertising, The Arena Group monetizes its verticals while driving engagement and subscriber growth.

Key brands in the company’s portfolio include TheStreet, a financial news and analysis platform; Sports Illustrated, for which the company holds exclusive global multimedia rights; Front Office Sports, covering the business of sports; Eat This, Not That!, a nutrition and wellness brand; and The Daily Meal, focused on food and lifestyle trends. These properties are supported by specialized newsletters and podcast series that cater to distinct audience segments in North America and beyond.

The Arena Group adopted its current name and ticker symbol in mid-2021 following a corporate reorganization of TheStreet, Inc., and has since pursued growth through content licensing and strategic brand acquisitions. In early 2023 the company secured the digital and multimedia rights to the Sports Illustrated brand, enhancing its presence in the sports market and creating new revenue opportunities across licensing, subscriptions and advertising.

Headquartered in New York City, The Arena Group serves a global digital audience and maintains an asset-light operating model. Under the leadership of co-founder and Chief Executive Officer Michael Cader, who previously founded the Maven digital content platform, the company continues to expand its media footprint by launching new content verticals, investing in technology and forging partnerships that drive audience engagement and monetization.

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