Arena Group Q2 revenue up 67% to $45M; EPS $0.26 vs loss; buyback authorized

Arena Group Holdings, Inc.

2025-Q2 EPS reported $2.38 vs consensus $0.19 ▲ beat (+1128.1%)

Revenue $45.0M (+67% YoY); income from continuing ops $12.4M ($0.26 diluted EPS) vs loss of $6.9M (-$0.24) in Q2 2024.
Adjusted EBITDA $19M vs $4M in Q2 2024, a 375% increase.
Board authorized repurchase of up to 3 million shares through July 31, 2026.
Pageview growth: Men's Journal +479%, TheStreet +100%, Parade +70%, Athlon Sports +38%.
Non-advertising revenue more than doubled (+107%) YoY.

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