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NYSE:AREN

The Arena Group 8/14/2023 Earnings Report

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$5.26 -0.41 (-7.23%)
As of 12:51 PM Eastern
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The Arena Group EPS Results

Actual EPS
-$0.88
Consensus EPS
-$0.80
Beat/Miss
Missed by -$0.08
One Year Ago EPS
N/A

The Arena Group Revenue Results

Actual Revenue
$58.81 million
Expected Revenue
$59.64 million
Beat/Miss
Missed by -$830.00 thousand
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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About The Arena Group

The Arena Group (NYSE:AREN) is a diversified digital media company that creates, licenses and distributes premium content across multiple channels. Its portfolio of brands spans sports, finance, lifestyle, entertainment and home, leveraging proprietary journalism, video production and e-commerce capabilities. The company generates revenue through digital advertising, subscription and membership models, branded content partnerships and licensing agreements. By integrating data-driven marketing solutions with audience engagement tools, The Arena Group delivers targeted messaging to both consumer and enterprise partners.

Among its prominent media properties are Sports Illustrated, TheStreet, Parade, Front Office Sports, The Sporting News and The Big Lead. These brands produce a mix of breaking news, in-depth analysis, expert commentary and multimedia storytelling, serving passionate fanbases in areas such as professional sports, personal finance, pop culture and travel. The company also hosts live events, virtual summits and industry trade shows, further extending its reach and providing premium sponsorship opportunities for advertisers seeking to connect with specialty audiences.

Originally founded in 1996 under the name TheStreet by financial commentator Jim Cramer and publisher Martin Peretz, the business evolved through strategic acquisitions and rebranding initiatives to become The Arena Group. The company broadened its scope beyond investing and finance with the acquisitions of Sports Illustrated in 2020 and other marquee titles, uniting legacy print brands with digital-first platforms. This transformation has expanded its content capabilities and diversified its revenue streams, positioning the firm as a leading publisher in the digital age.

Headquartered in New York City, The Arena Group primarily serves audiences in North America but maintains strategic partnerships to distribute content globally. Under the leadership of CEO Michael B. Bradley, the team focuses on leveraging technology and analytics to optimize content performance and user experience. The company continues to explore new verticals and product offerings, reinforcing its mission to inform, entertain and connect communities across a broad spectrum of interests.

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