Arena Group Holdings (AMEX:AREN) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:06 PM.
Here’s what investors need to know about the announcement.
Earnings
Arena Group Holdings beat estimated earnings by 12.61%, reporting an EPS of $-1.04 versus an estimate of $-1.19.
Revenue was up $3.14 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.13 which was followed by a 1.42% drop in the share price the next day.
Here’s a look at Arena Group Holdings’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.76 | -0.92 | -0.89 | -0.83 |
| EPS Actual | -0.63 | -0.90 | -1.22 | -1.20 |
| Revenue Estimate | 62.29M | 64.19M | 58.45M | 42.52M |
| Revenue Actual | 61.66M | 66.71M | 65.08M | 48.24M |
To track all earnings releases for Arena Group Holdings visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
