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Angel Studios Q3 revenue more than doubles year-over-year

The Motley Fool +1 · ·by G4L

ANGX
ANGX Angel Studios Inc
$4.30 +14.97%
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  1. 1Angel Studios' total Q3 revenue reached $159 million, more than doubling from the same period last year.
  2. 2Paid Guild memberships grew 86% year-over-year to reach 2.94 million in Q3.
  3. 3CEO Neil Harmon announced that the company has already exceeded its goal of 750 releases by 2026 by 46 units.

So what's the key point?

What is the main point? Angel Studios' Q3 revenue more than doubled compared to last year. With paid memberships growing significantly, the company is producing more content than its original targets.

Source The Motley Fool +1 · View original ↗

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