Digital publisher Arena Group's Q3 net income misses estimates

Reuters
11/14
Digital publisher Arena Group's Q3 net income misses estimates

Overview

  • Arena Group Q3 2025 revenue declined, missing analyst expectations

  • Net income for Q3 2025 rose 73% yr/yr but missed analyst estimates

  • Adjusted EBITDA for Q3 2025 increased by 6.3% over Q3 2024

Outlook

  • Company emphasizes growth in data, AI, and e-commerce as future drivers

  • Arena Group highlights audience volatility as a challenge

  • Company sees diversified model as resilient against market fluctuations

Result Drivers

  • NON-ADVERTISING REVENUE - Arena's focus on revenue diversification led to nearly 200% growth in non-advertising revenue for brands like Athlon Sports and Men's Journal

  • CONTENT SYNDICATION - TheStreet's audience reach grew significantly, with a 200% increase in revenue from content syndication efforts

  • TRAFFIC AND REVENUE GROWTH - Parade's traffic increased by 25%, with non-advertising revenue more than doubling due to performance marketing and syndication

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

Miss

$29.76 mln

$38 mln (1 Analyst)

Q3 EPS

Miss

$0.14

$0.16 (1 Analyst)

Q3 Net Income

Miss

$6.87 mln

$7.80 mln (1 Analyst)

Q3 Gross Profit

$14.93 mln

Q3 Pretax Profit

$6.56 mln

Analyst Coverage

  • The one available analyst rating on the shares is "buy"

  • The average consensus recommendation for the online services peer group is "buy"

  • Wall Street's median 12-month price target for Arena Group Holdings Inc is $12.00, about 65.1% above its November 12 closing price of $4.19

  • The stock recently traded at 3 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nBwbrczv2a

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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