secwatch.observer — SEC 8-K summary
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Issuer:     Arena Group Holdings, Inc. (AREN)
CIK:        0000894871
Form:       8-K
Filed at:   2022-11-09T23:59:59+00:00
Accession:  0001493152-22-031126
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arena Group reports record Q3 revenue of $66.7M; digital ad revenue up 56% to $28.5M
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- Record quarterly revenue of $66.7M; digital advertising revenue increased 56% to $28.5M.
- Net loss improved to $16.5M from $24.7M in prior-year quarter; adjusted EBITDA of $3.0M vs $3.3M.
- Gross profit of $26.2M vs $27.4M in Q3 2021; operating expenses decreased by $11.1M to $38.6M.
- Audience grew 32% to nearly 1.5B pageviews; licensing and syndication revenue up 15% to $4.8M.
- Signed 24 new publishing partners; first nine months revenue $180.0M, up 41% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/894871/000149315222031126/0001493152-22-031126-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/894871/000149315222031126/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-031126

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer