B. Riley Securities initiated coverage on Arena Group Holdings with a new price target
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B. Riley Securities initiated coverage of Arena Group Holdings with a rating of Buy and set a new price target of $15.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/8/2022 | $15.00 | Buy | B. Riley Securities |
The Arena Group Holdings, Inc. (NYSE:AREN) ("Arena"), a technology platform and media company home to hundreds of media brands, including TheStreet, Parade Media ("Parade"), Men's Journal, Surfer, Powder and Athlon Sports, today announced that it has reached a confidential settlement resolving all outstanding legal matters with Authentic Brands Group, LLC et al, Sportority, Inc. d/b/a Minute Media, and Manoj Bhargava. The financial terms of the confidential settlement are not material. As a result of the settlement, Arena has made significant improvements to its balance sheet, including the removal of approximately $93.9 million in accrued liabilities which Arena expects to record in its f
Company Highlights Success of Recent Restructurings, Majority Shareholder Significantly Increases Financial Commitment for Future Growth The Arena Group Holdings, Inc. (NYSE:AREN), today provided an operational update and reported financial results for the three months ended June 30, 2024. Management Commentary "Nearly all of our cost reduction initiatives are complete, leading to an expected over $40 million in eliminated costs on an annual basis," commented Sara Silverstein, The Arena Group's Chief Executive Officer. "As a result, our net losses significantly narrowed, demonstrating that we are on the right path." "We achieved positive Adjusted EBITDA in the current quarter with p
Plan the perfect cruise with tips, deals and Q&As with experienced cruisers The Arena Group, an innovative media company, has launched a new free email newsletter, Come Cruise With Me. The newsletter is a complete guide to navigating the world of cruise vacations, from booking to boarding and beyond. "Come Cruise With Me is about building community where we can spread our love for cruising and help people make their cruises better," said Dan Kline, executive editor at of Come Cruise With Me and editor at large for The Arena Group. "We want to build connections, help people book the right cruise and fix as many pain points as possible before they even board the ship." Subscribers will
The Arena Group Holdings, Inc. (NYSE:AREN) ("Arena"), a technology platform and media company home to hundreds of media brands, including TheStreet, Parade Media ("Parade"), Men's Journal, Surfer, Powder and Athlon Sports, today announced that it has reached a confidential settlement resolving all outstanding legal matters with Authentic Brands Group, LLC et al, Sportority, Inc. d/b/a Minute Media, and Manoj Bhargava. The financial terms of the confidential settlement are not material. As a result of the settlement, Arena has made significant improvements to its balance sheet, including the removal of approximately $93.9 million in accrued liabilities which Arena expects to record in its f
Athlon Sports' Momentum Provides Blueprint for Scalable, Profitable Growth for Media Brands Management Posts Video Reviewing Quarterly Results and Strategy The Arena Group Holdings, Inc. (NYSE:AREN) ("Arena"), a technology platform and media company home to hundreds of media brands, including TheStreet, Parade Media ("Parade"), Men's Journal, Surfer, Powder and Athlon Sports, today announced financial results for the three months ending December 31, 2024 ("Q4 2024") and full year ended December 31, 2024 ("FY 2024"). Financial Highlights for Q4 2024: Quarterly revenue from continuing operations was $36.2 million, up 8% sequentially compared to Q3 2024. Income from continuing operation
The Arena Group Holdings, Inc. (NYSE:AREN) (the "Company" or "The Arena Group"), an innovative technology platform and media company with brands like TheStreet, Parade, Men's Journal and Athlon Sports, today announced that it has filed a Form 12b-25, Notification of Late Filing, with the U.S. Securities and Exchange Commission ("SEC") related to the Company's Annual Report on Form 10-K for fiscal year 2024 (the "Form 10-K"). The Form 12b-25 provides the Company an extension of 15 additional calendar days to file the Form 10-K for fiscal year 2024, which is due today. The Company is working diligently to finalize its financial statements and results and currently expects to file the Form 10
B. Riley Securities initiated coverage of Arena Group Holdings with a rating of Buy and set a new price target of $15.00
4 - Arena Group Holdings, Inc. (0000894871) (Issuer)
4 - Arena Group Holdings, Inc. (0000894871) (Issuer)
4 - Arena Group Holdings, Inc. (0000894871) (Issuer)
10-K/A - Arena Group Holdings, Inc. (0000894871) (Filer)
8-K - Arena Group Holdings, Inc. (0000894871) (Filer)
8-K - Arena Group Holdings, Inc. (0000894871) (Filer)
4 - Arena Group Holdings, Inc. (0000894871) (Issuer)
4 - Arena Group Holdings, Inc. (0000894871) (Issuer)
4 - Arena Group Holdings, Inc. (0000894871) (Issuer)
SC 13D/A - Arena Group Holdings, Inc. (0000894871) (Subject)
SC 13G/A - Arena Group Holdings, Inc. (0000894871) (Subject)
SC 13G/A - Arena Group Holdings, Inc. (0000894871) (Subject)
The Arena Group Holdings, Inc. (NYSE:AREN) (the "Company" or "The Arena Group"), a technology and media company that transforms more than 265 brands, including Sports Illustrated, TheStreet, Parade Media ("Parade"), Men's Journal, and HubPages, today announced that it will release its financial results for the third quarter ended September 30, 2023, on Tuesday, November 14, 2023 following the close of the market. Ross Levinsohn, The Arena Group's Chief Executive Officer; Doug Smith, Chief Financial Officer; and Andrew Kraft, Chief Operating Officer, will host a conference call and live webcast to review the quarterly results and provide a corporate update at 4:30 p.m. ET the same day. T
Combination To Expand Video Capabilities Across OTT, CTV, FAST Channels, and OTA As Well As Significant Advertising and Capital Commitments Company will Extend and Amend Long-Term Debt, Strengthening Balance Sheet Simplify Inventions to Invest $50 Million in Cash, Contribute its Bridge Media Network Business and Certain Other Assets and Commit to a Guaranteed Advertising Commitment of $60 Million Investment Consists of Purchase of 5 Million Shares at $5, $25 Million of Preferred Stock and the Contributions of Assets and Advertising Commitment That Will Result in 65% Ownership of Arena The Arena Group Holdings, Inc. (NYSE:AREN) ("we," "us," "our," the "Company" or "The Arena Group"),
The Arena Group Holdings, Inc. (NYSE:AREN) (the "Company" or "The Arena Group"), a technology and media company that transforms more than 265 brands, including Sports Illustrated, TheStreet, Parade Media ("Parade"), Men's Journal, and HubPages, today announced that it will release its financial results for the second quarter ended June 30, 2023, on Monday, August 14, 2023 following the close of the market. Ross Levinsohn, The Arena Group's Chief Executive Officer; Doug Smith, Chief Financial Officer; and Andrew Kraft, Chief Operating Officer, will host a conference call and live webcast to review the quarterly results and provide a corporate update at 4:30 p.m. ET the same day. To access