Overview
U.S. cable news broadcaster's Q4 revenue rose 9.6% yr/yr
Company posted Q4 net loss of $3 mln, narrower than prior year
Newsmax forecasts 2026 revenue growth of about 13% at midpoint of guidance
Outlook
Newsmax sees 2026 revenue between $212 mln and $216 mln, up 13% at midpoint
Company expects accelerated revenue growth in 2026
Newsmax says it will focus on investment in content, technology and distribution to support long-term growth
Result Drivers
BROADCASTING GROWTH - Q4 broadcasting revenues rose 12.6% yr/yr, driven by affiliate fee growth, higher ratings and pricing for ad revenue, and licensing gains
DISTRIBUTION EXPANSION - Co cited new and renewed carriage agreements, including with YouTube TV, and international launches as expanding reach
HIGHER COSTS - Net loss narrowed but remained due to increased investments in headcount, programming, production, and public company costs
Company press release: ID:nACSCX4cPa
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$52.2 mln
$43.99 mln (2 Analysts)
Q4 Net Income
-$3 mln
Q4 Adjusted EBITDA
-$1.30 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the broadcasting peer group is "buy"
Wall Street's median 12-month price target for Newsmax Inc is $20.50, about 241.7% above its March 25 closing price of $6.00
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.)