MediaCo Q1 FY26 net loss widens 9% to $9.37 million; revenue rises 12% to $31.39 million
Mediaco Holding, Inc. Class A MDIA | 0.00 |
- MediaCo posted first-quarter net revenue of USD 31.4 million, up 12% year over year.
- Net loss widened to USD 9.4 million, with the company citing higher digital expenses, a loss on disposal of assets, and higher net interest costs.
- Adjusted EBITDA slipped to income of USD 203,000 from USD 1.4 million, reflecting higher operating and corporate expenses.
- Digital revenue climbed to 49.5% of advertising sales, while the company highlighted audience gains at EstrellaTV and an expansion of HOT 97 TV in the New York metro market.
- MediaCo also disclosed a new investment in Sigma Audio Networks, committing up to USD 1 million in initial funding and contributing USD 300,000 as of March 31.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mediaco Holding Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001784254-26-000027), on May 18, 2026, and is solely responsible for the information contained therein.
