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
Show less
Read more
Impact Snapshot
Event Time:
BZFD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BZFD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BZFD alerts
High impacting BuzzFeed, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
BZFD
News
- BuzzFeed, Inc. Delivers Strong Q3 Financial Results [Yahoo! Finance]Yahoo! Finance
- BuzzFeed, Inc. Delivers Strong Q3 Financial ResultsBusiness Wire
- BuzzFeed, Inc. to Release Third Quarter 2024 Financial Results on Tuesday, November 12, 2024Business Wire
- Neflitx wants to add ‘Hot Ones' to live programming [Fortune]Fortune
BZFD
Sec Filings
- 11/12/24 - Form 10-Q
- 11/12/24 - Form 8-K
- 10/31/24 - Form 8-K
- BZFD's page on the SEC website