Newsmax Narrows Loss Amid Higher 1Q Revenue

Dow Jones

05/15

By Christopher Kuo

Newsmax narrowed its loss in its first quarter as it posted higher revenue, driven by a boost in broadcasting revenue.

The media company on Thursday posted a loss of $2.2 million in the first quarter, or 2 cents a share, compared with a loss of $17.2 million, or 49 cents a share, a year earlier.

Revenue rose 14% to $51.7 million. Sales were boosted by a 20.8% increase in broadcasting revenue. Digital revenue fell by 12.7%. The company's higher overall revenue was offset by higher production headcount, programming and production costs, continued investment in Newsmax2 and higher stock-based compensation.

The company reiterated its full-year revenue guidance of $212 million to $216 million for 2026.

"While the industry is lapping unusually high election-driven news consumption from early 2025, our first quarter rankings demonstrate that Newsmax continues to perform strongly in a more normalized environment," said Chief Executive Christopher Ruddy.

Write to Christopher Kuo at chris.kuo@wsj.com

(END) Dow Jones Newswires

May 14, 2026 16:22 ET (20:22 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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Sales were boosted by a 20.8% increase in broadcasting revenue. Digital revenue fell by 12.7%. The company's higher overall revenue was offset by higher production headcount, programming and production costs, continued investment in Newsmax2 and higher stock-based compensation. \n</p>\n<p>\n  The company reiterated its full-year revenue guidance of $212 million to $216 million for 2026. \n</p>\n<p>\n  \"While the industry is lapping unusually high election-driven news consumption from early 2025, our first quarter rankings demonstrate that Newsmax continues to perform strongly in a more normalized environment,\" said Chief Executive Christopher Ruddy. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Christopher Kuo at chris.kuo@wsj.com \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 14, 2026 16:22 ET (20:22 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NMAX","symbol_name":"Newsmax Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2635485725","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2635485725","pubTimestamp":1778790120,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Newsmax narrowed its loss in its first quarter as it posted higher revenue, driven by a boost in broadcasting revenue.The media company on Thursday posted a loss of $2.2 million in the first quarter, or 2 cents a share, compared with a loss of $17.2 million, or 49 cents a share, a year earlier.Revenue rose 14% to $51.7 million. 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