Affiliate Fee RevenueThe company's affiliate fee revenue increased 7.3% y/y, to $7.3M and accounted for 15.8% of its total sales.
Cash ReservesNewsmax ended with $197.9M in cash and ST investments and, once again, no debt.
Revenue PerformanceRevenue exceeded expectations driven by advertising sales.
SettlementThe company announced a favorable settlement ($67M) with Dominion; especially, relative to damages sought ($1.6B).