The Arena Group Holdings, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 51.38 million compared to USD 48.24 million a year ago. Net loss was USD 19.38 million compared to USD 18.45 million a year ago.

Basic loss per share from continuing operations was USD 1.04 compared to USD 1.2 a year ago.