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The Arena Group Holdings Inc   (AREN)
Other Ticker:  
 
 
Price: $0.7800 $-0.07 -7.910%
Day's High: $0.8456 Week Perf: -4.88 %
Day's Low: $ 0.78 30 Day Perf: -9.3 %
Volume (M): 2 52 Wk High: $ 4.74
Volume (M$): $ 2 52 Wk Avg: $1.53
Open: $0.82 52 Wk Low: $0.60



 Market Capitalization (Millions $) 23
 Shares Outstanding (Millions) 29
 Employees -
 Revenues (TTM) (Millions $) 182
 Net Income (TTM) (Millions $) -131
 Cash Flow (TTM) (Millions $) -10
 Capital Exp. (TTM) (Millions $) 0

The Arena Group Holdings Inc
The Arena Group Holdings Inc. is a multinational company that provides various event and hospitality services. They specialize in designing and building temporary structures for events and exhibitions, such as stadiums, marquees, and temporary seating. They also offer event management and logistics services, including the planning, coordination, and execution of events. The company operates globally and has a strong reputation in the industry for its innovative solutions and reliable services.


   Company Address: 200 Vesey Street New York 10281 NY
   Company Phone Number: 321-5002   Stock Exchange / Ticker: NYSE AREN


Customers Net Income fell by AREN's Customers Net Profit Margin fell to

-0.5 %

9.71 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
COP        0.4% 
CVX   -1.46%    
EOG        1.59% 
IMO        4.54% 
OXY        1.65% 
XOM        0.43% 
• View Complete Report
   



The Arena Group Holdings Inc

Arena Group Holdings Inc Faces Decrease in Orders, Leading to Fading Diminishing Returns throughout Jun 30, 2023 Fiscal Interval

In the 2023 financial span from April to June 30, Arena Group Holdings Inc (AREN) experienced a lower turnover, resulting in dwindling revenue and a greater deficit. The company reported a loss per share of $-0.88, an improvement from the previous reporting season where it recorded a loss of $-1.04 per share. Additionally, their revenue fell by -9.852% to $58.66 million compared to $51.38 million in the prior year.
This decline in business performance is not consistent with the Broadcasting Media & Cable TV sector as a whole, which posted revenue growth during the same period. This indicates that Arena Group Holdings Inc is facing challenges unique to its operations.
Despite these challenges, the reported net deficit for the April to June 30, 2023 financial period was $-19.484 million, an improvement from the $-22.207 million deficit in the same reporting season the previous year. This suggests that the company has made some progress in managing their financial health.

The Arena Group Holdings Inc

Arena Group Holdings Inc. Suffers Alarming 72.8% Revenue Decline in Q1 2023

The Arena Group Holdings Inc, one of the leading Broadcasting Media & Cable TV companies, has recently reported a disastrous first quarter for the year 2023. The company's revenue has faded by a staggering -72.835% to $51.38 million, and a huge shortfall per share has swelled to $-1.04, compared to the same reporting period a year ago. This drastic drop in revenue is a major concern for the company and its shareholders.
However, despite these disappointing results, investors should not be quick to dismiss the potential of The Arena Group Holdings Inc. Despite the short-term setbacks, the company has a long-term growth strategy in place that is expected to contribute to its overall success.







The Arena Group Holdings Inc's Segments
Transferred at Point in Time    94.96 % of total Revenue
Transferred over Time    5.04 % of total Revenue
UNITED STATES    92.66 % of total Revenue
Other    7.34 % of total Revenue
Digital Advertising    76.22 % of total Revenue
Digital Subscriptions    5.04 % of total Revenue
Licensing and Syndication Revenue    9.64 % of total Revenue
Product and Service Other    6.33 % of total Revenue
Digital Revenue    97.23 % of total Revenue
Print Subscriptions    2.77 % of total Revenue
Print Revenue    2.77 % of total Revenue





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