BuzzFeed, Inc. Delivers Strong Q3 Financial Results [Yahoo! Finance]
BuzzFeed, Inc. - Class A (BZFD)
Company Research
Source: Yahoo! Finance
BuzzFeed, Inc. Led Its Competitive Set In Audience Time Spent, Growing versus Q2 and Last Year to Reach 80 Million Hours, according to Comscore NEW YORK, November 12, 2024 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 EBITDA 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 — growing each year-over-year and quarter-over-quarter," said Jonah Peretti, BuzzFeed Founder & CEO. "Commerce was a particular highlight," Peretti
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News
- Buzzfeed sells popular 'Hot Ones' production company to George Soros-led group [FOX News]FOX News
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- Buzzfeed Sells ‘Hot Ones' Studio for $82.5 Million to Sean Evans, Crooked Media, Soros Fund and Other Investors [Yahoo! Finance]Yahoo! Finance
- BuzzFeed, Inc. Announces Sale of First We Feast to an Affiliate of Soros Fund Management in $82.5 Million All-Cash DealBusiness Wire
- Ariana Grande left speechless after being presented with Glinda's ‘Wizard of Oz' wand [Los Angeles Times (CA)]Los Angeles Times
BZFD
Sec Filings
- 12/17/24 - Form 4
- 12/12/24 - Form 8-K
- 12/2/24 - Form 4
- BZFD's page on the SEC website