Arena Group Q2 revenue down 51%, rebrands to Paradium.AI, acquires InfoSentience

Arena Group Holdings, Inc.

2026-Q2 EPS reported -$0.06 revenue$42,589,000

Q2 2026 revenue $22.2M vs $45.0M in Q2 2025; net loss $0.2M vs net income $108.6M (incl. $96.2M discontinued ops gain).
Adjusted EBITDA $4.4M (19.8% margin) vs $18.6M (41.3%) in Q2 2025; cash $11.2M.
Acquired InfoSentience (Fantasy Journalist, Inc.) for cash; accretive expected in 2026; founder Steve Wasick stays.
Extended term debt with Renew Group Private Limited by 3 years, non-dilutive, maturity extended.
Rebrand to Paradium.AI expected by end of August; launched Cutter Studios AI content engine.

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