Newsmax shares up after rise in quarterly revenue

Newsmax

26/03/2026 20:51

** Shares of American cable news company Newsmax NMAX.N rise 9.8% to $6.56 after the bell

** NMAX Q4 revenue rises 10.7% YoY to $189.3 million

** Quarterly net loss per share narrows to 96 cents from $1.95 a year-ago

** NMAX forecasts FY 2026 revenue of $212 million to $216 million, representing 13% year-over-year growth at the midpoint of the range

** "With key milestones completed and the costs of becoming a public company largely absorbed, we are well positioned to accelerate our growth trajectory with strategic investment initiatives across content, distribution and technology," says CEO Christopher Ruddy

** Stock down 22.6% YTD

 (Reporting by Aatreyee Dasgupta)

 ((Aatreyee.Dasgupta@thomsonreuters.com))