Arena Group Holdings (AREN) reported Q1 GAAP earnings late Thursday of $0.08 per diluted share, swinging from a loss of $3.91 a year earlier.
Revenue for the quarter ended March 31 was $31.8 million, up from $28.9 million a year earlier.
The company set Q2 revenue guidance of $40 million to $45 million.
FactSet estimates were not available.
Shares were up 8.8% in after-hours trading.