Arena Group posts Q1 net income of $4.0M; guides Q2 revenue $40-45M

Arena Group Holdings, Inc.

2025-Q1 EPS reported $0.08 revenue$31,815,000

Q1 revenue $31.8M (+10% YoY); net income $4.0M ($0.08/diluted share) vs loss of $103M in Q1 2024.
Adjusted EBITDA $9.7M, improves from negative $848K; income from continuing ops swings from -$12.7M to +$4.0M.
Guidance Q2 2025: revenue $40-45M, income from continuing ops $9-11M.
Acquired TravelHost for $1M; brand will be modernized to expand travel content.
Traffic milestones: Athlon Sports up 500% YoY, TheStreet record 80M page views (+100% YoY).

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