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Editor’s be aware: TheStreet’s guardian firm is The Area Group, an progressive media and expertise firm that’s residence to lots of the most iconic and passionate media manufacturers, together with TheStreet, Parade, Males’s Journal, and Athlon Sports activities. Within the curiosity of our loyal viewers right here at TheStreet, we needed to share our guardian firm’s newest monetary outcomes so you may have transparency in our media enterprise. Learn excerpts from as we speak’s press launch under.
Hey, individuals, we’re on a roll.
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Area Group Holdings (AREN) , TheStreet’s guardian firm, posted first-quarter earnings on Might 15, marking the third consecutive worthwhile quarter.
Along with TheStreet, the expertise platform and media firm is residence to well-regarded media manufacturers, together with Parade Media, Males’s Journal, Surfer, Powder and Athlon Sports activities.
Chief government cites brand-building actions
“In Q1 2025, we expanded our brand-building actions and aggressive publishing mannequin initially pioneered with Athlon Sports activities to extra of our manufacturers, and the outcomes have exceeded expectations,” mentioned Paul Edmondson, CEO of The Area Group.
The Area Group
“Our entrepreneurial publishers have introduced extraordinary vitality and dedication to every model,” he continued. “By aligning incentives with viewers engagement, we’ve unlocked important development in our customers, distribution and income. This efficiency reaffirms the ability of our mannequin.”
“Our aim is to leverage this new method throughout our total platform — driving visitors, greater CPMs, and elevated income, whereas sustaining expense self-discipline to maintain profitability,” Edmondson added. “With these outcomes, we consider we’re well-positioned to keep up profitability all through 2025.”
Area Group 1Q monetary highlights
First quarter income totaled $31.8 million, up from $28.9 million a 12 months in the past. Web earnings was $4 million, or 8 cents per share, in contrast with a web lack of $103 million, together with a $91 million loss from discontinued operations, or $3.91 per share.
Revenue from persevering with operations got here to $4 million, in contrast with a lack of $12.7 million a 12 months in the past, marking a virtually a $17 million swing
Trying forward, the corporate expects second-quarter income to vary from roughly $40 million to $45 million, whereas earnings from persevering with operations is forecast to vary from about $9 million to $11 million.
The Area Group’s shares are up 434% since January and the inventory has soared a surprising 783.3% from a 12 months in the past.
Area Group model highlights
TheStreet reached file visitors ranges in March, delivering 80 million web page views, up 100% from the 12 months in the past interval.
Athlon Sports activities noticed visitors enhance over 500% within the first quarter, with syndication and commerce income rising 730% year-over-year.
Males’s Journal’s visitors elevated 282% over the earlier month to 33.1 million web page views in March, the primary month of aggressive publishing.
Digital visitors of Parade and Parade Pets remained sturdy with greater than 76 million month-to-month web page views in first quarter, up 2% from the fourth quarter.
Area just lately acquired the journey model, TravelHost, an iconic publication based within the mid-Sixties, that was the primary in-room resort journal.
It now gives vacationers with native insights in over 30 markets. Area intends to totally replace and modernize the positioning and the manufacturers’ choices.
Read more about The Arena Group.
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