BuzzFeed, Inc. Posts Strong Q2 Financial Results and Expects Continued Improvement in Q3
BuzzFeed, Inc. - Class A (BZFD)
Company Research
Source: Business Wire
Programmatic Advertising Revenues Grew 3% Year-Over-YearAffiliate Commerce Revenues Grew 9% Year-Over-YearBuzzFeed, Inc. was the Only Digital Media Company in Competitive Set to Grow Audience Time Spent in Q2 Versus Q1, according to Comscore1 NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (Nasdaq: BZFD) reported improved second quarter (ended June 30, 2024) net loss from continuing operations as compared to the prior-year period, and Adjusted EBITDA2 ahead of the Company’s outlook shared on May 13, 2024 and reiterated on July 3, 2024. Second quarter revenues were in line with the Company’s outlook, with year-over-year growth in two of BuzzFeed, Inc.’s largest and highest-margin revenue streams - Programmatic Advertising and Affiliate Commerce.“Our strong performance in Q2 marks a turning point we’ve been working toward for the past two years,” said Jonah Peretti, BuzzFeed Founder & CEO. “We are beginning to see the benefits of our investment in a differentiated technology platform that
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- BuzzFeed, Inc. (BZFD) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- BuzzFeed, Inc. Posts Strong Q2 Financial Results and Expects Continued Improvement in Q3 [Yahoo! Finance]Yahoo! Finance
- Premier Travel Media Brand LOST iN Acquires BuzzFeed's Travel Vertical Bring Me! to Accelerate Growth and Reach a Wider Audience of Travel Enthusiasts [Yahoo! Finance]Yahoo! Finance
- BuzzFeed Rises After Pulte Takes Activist Stake, Backs Ramaswamy [Yahoo! Finance]Yahoo! Finance
BZFD
Sec Filings
- 9/17/24 - Form 4
- 9/5/24 - Form 4
- 9/5/24 - Form 4
- BZFD's page on the SEC website