---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-005405"
form_type: "8-K"
ticker: "AREN"
cik: "0000894871"
company_name: "Arena Group Holdings, Inc."
filed_at: "2025-04-18T23:59:59+00:00"
generated_at: "2026-05-23T11:22:06.714186+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Arena Group Q4 revenue $36.2M (+8% seq), income from cont ops $7.2M; FY adjusted EBITDA $27M

## Summary
- Q4 2024 revenue from continuing ops $36.2M, up 8% sequentially from Q3.
- Income from continuing ops $7.2M ($0.15 diluted EPS) vs $4.8M in Q3; second consecutive profitable quarter.
- Adjusted EBITDA for Q4 $13.0M vs $11.1M in Q3; FY 2024 adjusted EBITDA $27.0M vs $13.2M in FY 2023.
- Athlon Sports page views 284M in Q4 (+20% QoQ, +325% YoY); competitive publishing model rolling out to Men's Journal, Parade, The Street.
- Management expects profitability in every quarter of 2025.

## SEC filing metadata
- accession: 0001641172-25-005405
- form_type: 8-K
- ticker: AREN
- cik: 0000894871
- company_name: Arena Group Holdings, Inc.
- filed_at: 2025-04-18T23:59:59+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/894871/000164117225005405/0001641172-25-005405-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/894871/000164117225005405/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-005405
- JSON: https://secwatch.observer/filing/0001641172-25-005405.json
- Plain text: https://secwatch.observer/filing/0001641172-25-005405.txt

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