MediaCo Drives Continued Momentum with $31.4 million in Revenue and Industry Leading Growth
Digital revenue Surges to 49.5% of Advertising Sales
Audience Share Gains, New Content and Broader Digital Distribution Driving Growth
NEW YORK, May 18, 2026–(BUSINESS WIRE)–MediaCo Holding Inc. (Nasdaq: MDIA) reported financial results for the first quarter ended March 31, 2026.
Year-to-date Net Revenue was $31.4 million, up $3.4 million, or 12%, from the prior year, driven primarily by new digital revenue sales. Year-to-date Net Loss was $9.4 million, compared to a Net Loss of $8.6 million from the prior year, primarily due to the increase in digital expenses, loss on disposal of assets and higher net interest costs; partially offset by higher revenue and higher net other income.
Year-to-date Adjusted EBITDA was income of $0.2 million, down $1.2 million from the prior…