Picture of Newsmax logo

NMAX — Newsmax News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer CyclicalsSpeculativeMid CapNeutral

Newsmax Q2 revenue rises, driven by affiliate fees and licensing growth

Newsmax Q2 revenue rises, driven by affiliate fees and licensing growth


Overview

  • U.S. cable news broadcaster reported Q2 revenue up 16.5% yr/yr to a record high

  • Company posted first quarterly net profit as a public company, with net income of $2.9 mln

  • Adjusted EBITDA rose to $5.7 mln, driven by affiliate fees and licensing growth


Outlook

  • Newsmax reiterates full-year 2026 revenue guidance of $212 mln to $216 mln

  • Company says it will continue investing in content, streaming, and international licensing initiatives

  • Newsmax sees significant market opportunity for center-right news and aims for long-term growth


Result Drivers

  • AFFILIATE FEES - Co said affiliate fee revenue rose due to new contracts and rate increases

  • LICENSING REVENUE - Expanded international licensing agreements boosted revenue, including launch of Newsmax Poland channel

  • OPERATING EFFICIENCY - Improved operating efficiency and absence of legal settlement expenses contributed to net profit


Company press release: ID:nACSRYyWya


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Revenue

$54.1 mln

$48.60 mln (2 Analysts)

Q2 EPS

$0.02

Q2 Net Income

$2.9 mln

Q2 Adjusted EBITDA

$5.7 mln


Reuters Recommended Reads

  • Aug 10 - Rumble Q2 revenue rises 61% to record high, surpassing estimates

  • Aug 12 - CuriosityStream Q2 revenue beats expectations on licensing strength, outlook raised

  • Aug 12 - Beasley swings to Q2 profit on debt restructuring gain; revenue falls


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Recent news on Newsmax

See all news