The Arena Group Holdings, Inc. announced financial results for the first quarter ended March 31, 2025, on May 15, 2025, reporting a net income of $4.0 million. This marks the company's third consecutive profitable quarter.
Income from continuing operations for Q1 2025 was $3.997 million, a significant improvement compared to a net loss of $12.720 million in the prior-year period. Total revenue for the quarter increased by 9.9% year-over-year to $31.815 million.
Digital revenue saw a 10.3% increase, driven by strong performance marketing revenue, which rose by $4.118 million, and publisher revenue, which increased by $1.001 million. Gross profit surged by 75.4% to $15.669 million, with the gross profit percentage expanding from 30.9% to 49.3%, primarily due to cost reductions and a higher mix of video advertising revenue.
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