Newsmax Posts First Quarterly Profit as Public Company, Revenue Up 16.5%
NMAX sits 86% above its 52-week low of $5.11.
Summary
Newsmax delivered its first quarterly net profit as a public company, with Q2 revenue up 16.5% year-over-year to a record $54.1 million, beating the $48.6 million consensus. Net income came in at $2.9 million, and adjusted EBITDA reached $5.7 million, driven by higher affiliate fees and expanded international licensing, including the launch of Newsmax Poland. Management reiterated full-year 2026 revenue guidance of $212 million to $216 million and plans to keep investing in content, streaming, and international licensing. This follows the company's Q1 report, which showed a 14% revenue increase and a narrowing loss, but also disclosed material weaknesses in internal controls. The swing to profitability and revenue beat are material for a company with a market cap around $1.2 billion, and the reiterated guidance suggests confidence in the growth trajectory. Watch for any updates on the internal control remediation and the pace of international licensing deals in the second half.
At the time of this announcement, NMAX was trading at $9.51 on NYSE in the Trade & Services sector, with a market capitalization of approximately $1.2B. The 52-week trading range was $5.11 to $15.94. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.