Newsmax rises on Q2 revenue jump

Newsmax

14/08/2026 15:35

** Shares of conservative cable news broadcaster Newsmax  NMAX.N rise 19.3% to $11.32, on track for third session in green if gains hold
** Stock reached an all-time high of $265 in April 2025, following a blistering rally  
** Co late Thursday reported Q2 revenue of $54.1 million, up 16.5% from $46.4 million a year earlier. Analysts on average expected revenue of $48.6 million - LSEG-compiled data
** NMAX logged a quarterly profit of $2.9 million, its first as public company 
** Co said it expects licensing revenue of $16 million in 2026, citing multiple brand content partnerships 
** "We believe AI partnerships could create another attractive, capital-light opportunity to monetize the company's content and brand," Noble Capital Markets analysts said, referring to AI partnership with Meta Platforms META.O
** The deal, disclosed in July, integrates the broadcaster's real-time news data and programming into the social media giant's AI ecosystem
** Including session's move, NMAX stock was up ~44% YTD 

(Reporting by Padmanabhan Ananthan)
((Padmanabhan.Ananthan@thomsonreuters.com))