The Arena Group Holdings, Inc. (AREN)
| Market Cap | 23.82M |
| Revenue (ttm) | 244.20M |
| Net Income (ttm) | -55.58M |
| Shares Out | 29.77M |
| EPS (ttm) | -2.49 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 8,978 |
| Open | 0.805 |
| Previous Close | 0.810 |
| Day's Range | 0.800 - 0.810 |
| 52-Week Range | 0.600 - 5.270 |
| Beta | 0.22 |
| Analysts | Strong Buy |
| Price Target | 11.00 (+1,275.0%) |
| Earnings Date | May 28, 2024 |
About AREN
The Arena Group Holdings, Inc., together with its subsidiaries, operates digital media platform in the United States and internationally. The company offers the Platform, a proprietary online publishing platform comprising publishing tools, video platforms, social distribution channels, newsletter technology, machine learning content recommendations, notifications, and other technology. The company also offers content from individual creators to the HubPages network of premium content channels, such as PetHelpful, dengarden and Fashionista for ... [Read more]
Financial Performance
In 2023, AREN's revenue was $244.20 million, an increase of 10.53% compared to the previous year's $220.94 million. Losses were -$55.58 million, -21.56% less than in 2022.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for AREN stock is "Strong Buy" and the 12-month stock price forecast is $11.0.
News
The Arena Group More Than Doubles Video Revenue and Drives Audience Engagement with Online Video Platform EX.CO
NEW YORK , May 9, 2024 /PRNewswire/ -- EX.CO, the publisher video platform powering successful video strategies for the world's leading media groups, today announced results from a recent case study o...
SURFER Announces Partnership With 2024 Big Wave Challenge
NEW YORK--(BUSINESS WIRE)--The Arena Group, owner of SURFER, announced today its sponsorship of the 2024 Big Wave Challenge. Partnering with legendary big wave media pioneer Bill Sharp, co-producer of...
SURFER Announces New Editor-in-Chief, Special Edition Print Magazine
NEW YORK--(BUSINESS WIRE)--The Arena Group announces the return of SURFER with a special print edition due out this summer. First published in 1960, this marks the revival of premium surf journalism, ...
The Arena Group Appoints Sara Silverstein as Chief Executive Officer
NEW YORK--(BUSINESS WIRE)--On April 19, 2024, the Board of Directors of The Arena Group Holdings, Inc. (NYSE American: AREN) appointed Sara Silverstein as the Company's Chief Executive Officer, effect...
The Arena Group to Host Investor Update Call on Tuesday April 9
NEW YORK--(BUSINESS WIRE)--The Arena Group (NYSE American: AREN), today announced that it will host an investor update call on April 9, 2024 at 4:30pm ET. To access the call, interested parties should...
Arena Group Says It Is Still in Talks With Sports Illustrated Owner
Arena said there is an unresolved claim of $45 million against the company by Authentic, and the company would continue to publish Sports Illustrated until the issue is resolved.
Manoj Bhargava Invests $12 Million More in The Arena Group
NEW YORK--(BUSINESS WIRE)--Today, The Arena Group (NYSE American: AREN) announced that its largest shareholder, Simplify Inventions, LLC, is increasing its investment in the company by providing an ad...
Arena Group's stock plummets over 30% after losing rights to Sports Illustrated, laying off staff
Shares of Arena Group Holdings Inc. dropped more than 30% on Friday after the ailing media company lost its license to publish Sports Illustrated and the union for the famed publication said “possibly...
The Arena Group Announces Workforce Reductions in Strategic Move to Transform the Business Model
NEW YORK--(BUSINESS WIRE)--Today, The Arena Group (NYSE American: AREN) has announced a significant reduction in its workforce of over 100 employees. The Company, which has substantial debt and recent...
Arena Group shares tumble after interim CEO of Sports Illustrated parent company steps down
Arena Group Holdings Inc., the media company that runs Sports Illustrated and TheStreet, said Friday that interim Chief Executive Manoj Bhargava had resigned to steer clear of potential conflicts, and...
Arena Group, parent of Sports Illustrated, fires CEO Ross Levinsohn
Arena Group Holdings AREN, -7.75%, whose brands include Sports Illustrated and TheStreet, said it terminated the employment of Chief Executive Ross Levinsohn, and named Manoj Bhargava as interim CEO, ...
The Arena Group Announces Termination Of CEO Ross Levinsohn, Appoints Manoj Bhargava As Interim CEO
NEW YORK--(BUSINESS WIRE)--Today, the board of directors of The Arena Group Holdings, Inc. (NYSE American: AREN) met and took actions to improve the operational efficiency and revenue of the company. ...
The Arena Group Reports Third Quarter 2023 Financial Results; Advances Bridge Media Acquisition
NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (“we,” “us,” “our,” the “Company” or “The Arena Group”), a technology platform and media company home to more than 320 b...
The Arena Group to Host Third Quarter 2023 Financial Results Conference Call on Tuesday, November 14
NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (the “Company” or “The Arena Group”), a technology and media company that transforms more than 265 brands, including Spo...
The Arena Group Signs Definitive Agreement to Combine with Bridge Media Networks
NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (“we,” “us,” “our,” the “Company” or “The Arena Group”), a technology platform and media company home to more than 265 b...
The Arena Group Names Katie Kulik as Chief Revenue Officer to Drive Growth and Innovation
NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) , a technology platform and media company and home to more than 265 brands, including Sports Illustrated, TheStreet, Par...
POWDER Magazine Returns With Special Print Edition; 2023-24 Photo Annual Issue Now Available
NEW YORK--(BUSINESS WIRE)--Today, The Arena Group announced the return of a special edition print version of POWDER Magazine celebrating the timeless allure of snow sports and mountain culture. Since ...
The Arena Group Launches ‘Arena Creator Network:' A Creator-Led Cultural Content Hub Powered by Iconic Brands for Unmatched Social Branded Opportunities
NEW YORK--(BUSINESS WIRE)--The Arena Group, a technology platform and media company home to Sports Illustrated, Parade, TheStreet, Men's Journal, and over 265 other brands, has launched the ‘Arena Cre...
The Arena Group to Participate in Lake Street Capital Markets' Annual Best Ideas Growth Conference on September 14
NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN), a technology platform and media company home to more than 265 brands, including Sports Illustrated, TheStreet, Parade M...
ARENA GROUP HOLDINGS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates The Arena Group Holdings, Inc. - AREN
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of The Arena Grou...
The Arena Group Names Grady Tripp as Senior Vice President of People
NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (the “Company” or “The Arena Group”), a technology platform and media company home to more than 265 brands, including Sp...
AREN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of The Arena Group Holdings, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of The Arena Group Holdings, Inc. (NYSE: AREN) and Bridge Media Networks is fair to Arena ...
The Arena Group Signs Binding LOI to Combine with Bridge Media Networks, Creating Diversified Media Leader
NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (“we,” “us,” “our,” the “Company” or “The Arena Group”), a technology platform and media company home to more than 265 b...
The Arena Group Reports Second Quarter 2023 Financial Results; Announces Strategic Expansion and a Three-Year Extension of its Debt Facility
NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (“we,” “us,” “our,” the “Company” or “The Arena Group”), a technology platform and media company home to more than 265 b...
The Arena Group to Host Second Quarter 2023 Financial Results Conference Call on Monday, August 14
NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (the “Company” or “The Arena Group”), a technology and media company that transforms more than 265 brands, including Spo...