Mediaco Holding ( (MDIA) ) has released a notification of late filing.
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Mediaco Holding Inc. has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending March 31, 2025. The delay is primarily due to the impact of delays in issuing its Annual Report on Form 10-K (Yearly Report) for the year ended December 31, 2024, following the acquisition of Estrella Broadcasting, Inc. and its subsidiaries. The company anticipates filing the delayed report within five calendar days following the prescribed due date. Mediaco Holding has reported significant changes in its financial results, with estimated net revenues of $28.0 million, an operating loss of $4.3 million, and a net loss of $8.3 million for the quarter ended March 31, 2025. These changes are attributed to the inclusion of the acquired business operations. The company is committed to ongoing compliance efforts, as indicated by the signature of Debra DeFelice, Chief Financial Officer and Treasurer, on the notification.
More about Mediaco Holding
Average Trading Volume: 26,467
Technical Sentiment Signal: Sell
Current Market Cap: $42.92M
Learn more about MDIA stock on TipRanks’ Stock Analysis page.