Newsmax's sales excluding a one-time $14 million fee rose 21.6% to a record $55 million, and adjusted EBITDA was $5 million without the fee. Digital sales fell 4.1%, but broadcasting gains and a return to profit point to stronger business results overall.
The one-time fee boosted reported sales, but sales without it still reached a record. Broadcasting gains and a return to profit outweigh the drop in digital sales. Adjusted EBITDA, a measure of operating performance, was $5 million without the fee, compared with a $900,000 loss a year earlier.
Newsmax mentioned its multiyear partnership with Meta and possible AI content-licensing opportunities. The story gives no deal terms or change in Meta's results, so it does not change Meta's outlook.
Follow Newsmax, Inc. (NMAX) free. When we publish a story about it, you get the plain-English explanation as an alert.
Get alerts for NMAX