---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-003469"
form_type: "8-K"
ticker: "AREN"
cik: "0000894871"
company_name: "Arena Group Holdings, Inc."
filed_at: "2023-02-03T23:59:59+00:00"
generated_at: "2026-06-20T01:33:08.897294+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Arena Group prelim 2022 rev $217-220M, +15-16% YoY; reaffirms 2023 guidance; AI deals

## Summary
- Preliminary 2022 revenue $217-220M (+15-16% YoY); digital ad revenue up >70%.
- Net loss from continuing ops $68-72M, improvement of $18-22M from 2021; non-cash charges majority.
- Adjusted EBITDA from continuing ops >$3M vs loss of $12M in 2021.
- Reaffirmed 2023 guidance: revenue $255-270M, Adjusted EBITDA $30-35M.
- Announced strategic partnerships with two AI firms; productivity gains from AI pilots.

## SEC filing metadata
- accession: 0001493152-23-003469
- form_type: 8-K
- ticker: AREN
- cik: 0000894871
- company_name: Arena Group Holdings, Inc.
- filed_at: 2023-02-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/894871/000149315223003469/0001493152-23-003469-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/894871/000149315223003469/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-003469
- JSON: https://secwatch.observer/filing/0001493152-23-003469.json
- Plain text: https://secwatch.observer/filing/0001493152-23-003469.txt

## Key facts
- Earnings Releases
  Arena Group Holdings, Inc. reported for the year ended December 31, 2022 results: revenue between $217 million and $220 million, net income net loss from continuing operations of between $68 million and $72 million.
  - Period: for the year ended December 31, 2022
  - Revenue: between $217 million and $220 million
  - Net income: net loss from continuing operations of between $68 million and $72 million
  - Result: preliminary results
  source text: Management expects fiscal year 2022 revenue from continuing operations* of between $217 million and $220 million, an increase of between $28 million and $31 million or 15% to 16% compared to the 2021 fiscal year, driven by a more than 70% increase in digital advertising revenue. ● Management expects fiscal year 2022 net loss from continuing operations of between $68 million and $72 million, an improvement of between $18 million and $22 million compared to the 2021 fiscal year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/894871/000149315223003469/0001493152-23-003469-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.