Newsmax (NMAX) is on Fire. Investors Are Betting on This

Newsmax Inc. (NYSE:NMAX) is one of the 10 Stocks Defying Tech Market Turmoil.

Newsmax soared by 31.41 percent on Friday to close at $9.58 apiece, after a stellar earnings performance in the third quarter of the year.

During the period, Newsmax Inc. swung to a net income of $15.2 million from a $4.1 million net loss in the same period last year.

Total revenues grew by 52.5 percent to $69.03 million from $45.27 million year-on-year, with service revenues contributing the largest chunk, at $53.8 million, or a 23 percent increase from $43.7 million year-on-year.

Photo by Tima Miroshnichenko on Pexels

Audience reach ended at 22.5 million, while social media followers jumped 13 percent year-on-year to 26.8 million.

”The third quarter was the strongest in our history as a public company. Setting aside the one-time revenue item, we delivered our fastest revenue growth since our listing and a second consecutive profitable quarter,” Newsmax Inc. CEO Christopher Ruddy said.

“Engagement rose through the midterm campaign, and that is an early indicator of what is ahead. We have positioned Newsmax on all platforms for all people, from cable and free streaming to Newsmax+, social and now AI, heading into what we expect to be the largest presidential cycle on record,” he noted.

Despite the strong figures, Newsmax Inc. maintained its underlying full-year 2026 revenue guidance of $212 million to $216 million, which excludes the $14 million one-time revenue item recognized in the third quarter. This would mark a year-on-year growth of 13 percent.

Including the one-time revenue item, the company is looking at a full-year 2026 revenue of $226 million to $230 million.

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