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$NMAX: Q2 Profit Swing Erases Consensus Loss
Newsmax reports $0.02 EPS vs ($0.03) consensus; revenue growth and margin expansion drive post-market rally.
Key Points
- Q2 EPS of $0.02 beats consensus ($0.03) by $0.05.
- First profitable quarter in recent history, reversing YoY loss of ($0.59).
- Revenue growth driven by digital ad strength and subscriber additions.
- Positive operating cash flow enables debt reduction.
- Q3 guidance maintains positive EPS outlook.
What To Watch
- Q3 subscriber growth rate.
- Digital advertising CPM trends.
- Linear carriage deal announcements.
- Debt reduction progress.