Angel Studios is trading at $4.14 (7.2% down) as investors digest its second-quarter earnings report.

  • The company beat revenue and EPS estimates and highlighted 99% growth in its Guild membership.
  • Management reaffirmed guidance for a 2026 adjusted EBITDA loss of $25 million or less.
  • Despite the beats, an ongoing net loss and cautious profitability outlook appear to be driving profit-taking following recent gains.