Newsmax Q2 revenue rises, driven by affiliate fees and licensing growth - NMAX News | RalliesNewsmax Q2 revenue rises, driven by affiliate fees and licensing growth
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NMAX• Outlook
- Newsmax reiterated 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
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
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 | |
Result drivers
- Affiliate fees - Co said affiliate fee revenue rose due to new contracts and rate increases
- - Expanded international licensing agreements boosted revenue, including launch of Newsmax Poland channel
Licensing revenue
Operating efficiency - Improved operating efficiency and absence of legal settlement expenses contributed to net profit•
