Arena Group Holdings (AREN) reported Q1 GAAP earnings late Thursday of $0.08 per diluted share, swinging from a loss of $3.91 a year earlier.
Revenue for the quarter ended March 31 was $31.8 million, up from $28.9 million a year earlier.
The company set Q2 revenue guidance of $40 million to $45 million.
FactSet estimates were not available.
Shares were up 8.8% in after-hours trading.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.