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 |
|
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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.)
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Newsmax rises on Q2 revenue jump
Newsmax Inc reports results for the quarter ended June 30 - Earnings Summary
Newsmax Q2 revenue rises, driven by affiliate fees and licensing growth