The Arena Group Holdings Inc. announced its financial results for Q1 2025, reporting a net income of $4.0 million, or $0.08 per diluted share, a significant improvement from a net loss of $103 million in Q1 2024, which included a $91 million loss from discontinued operations. Revenue for the quarter increased to $31.8 million from $28.9 million in the same period last year. Income from continuing operations rose to $4.0 million, compared to a loss of $12.7 million in Q1 2024, marking nearly a $17 million swing. The company also reported an Adjusted EBITDA of $9.7 million for the first quarter of 2025, compared to a negative Adjusted EBITDA of $848 thousand in Q1 2024. For Q2 2025, Arena projects revenue in the range of $40-$45 million and income from continuing operations between $9-$11 million. In terms of business developments, The Arena Group expanded its brand-building activities and competitive publishing model across more of its brands, following success with Athlon Sports. This strategic move has reportedly led to significant growth in audience engagement and revenue. Additionally, Arena has acquired the travel brand TravelHost, intending to modernize its site and offerings.