BuzzFeed, Inc. Delivers Strong Q3 Financial Results
BuzzFeed, Inc. - Class A (BZFD)
Company Research
Source: Business Wire
Affiliate Commerce Revenues Grew 53% Year-Over-Year, Including BuzzFeed’s Biggest Prime Day Ever in JulyProgrammatic Advertising Revenues Grew 9% Year-Over-YearBuzzFeed, Inc. Led Its Competitive Set In Audience Time Spent, Growing versus Q2 and Last Year to Reach 80 Million Hours, according to Comscore1 NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (Nasdaq: BZFD) reported improved year-over-year profitability in the third quarter (ended September 30, 2024) generating net income from continuing operations of $2 million and Adjusted EBITDA2 of $11 million, near the high end of the Company’s outlook shared on August 12, 2024. Third quarter revenues exceeded the Company’s outlook, growing 7% year-over-year, with strong growth in two of BuzzFeed, Inc.’s largest and highest-margin revenue streams - Affiliate Commerce and Programmatic Advertising.“In Q3, we delivered significant improvements in each of our key operating and financial measures — time spent, revenue and Adjusted EBITDA — growin
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- BuzzFeed Inc (BZFD) Q3 2024 Earnings Call Highlights: Revenue Growth and Strategic Shifts ... [Yahoo! Finance]Yahoo! Finance
- BuzzFeed, Inc. Delivers Strong Q3 Financial Results [Yahoo! Finance]Yahoo! Finance
- BuzzFeed, Inc. to Release Third Quarter 2024 Financial Results on Tuesday, November 12, 2024Business Wire
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- 11/19/24 - Form 4
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- BZFD's page on the SEC website