Entered a multi-year AI content partnership with Meta.
Reiterated full-year revenue guidance of USD 212 million to USD 216 million.
Q2 results and revenue breakdown
Newsmax posted Q2 revenue of USD 54.1 million, up 16.5% from a year earlier, with broadcasting revenue rising 20.5% to USD 45.8 million.
Net income swung to USD 2.9 million, or USD 0.02 a share, from a year-ago net loss of USD 75.2 million.
Adjusted EBITDA, a non-GAAP metric, rose to USD 5.7 million from a year-ago loss of USD 3.8 million.
Affiliate fee revenue more than doubled to USD 13.4 million, while licensing revenue rose to USD 4.6 million; advertising slipped 7% to USD 24.4 million.
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