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0.0174367610426973 0.0314703715398378 -0.0141388625758693 -0.0351892783215803 -0.0246640704487247 -0.0632564993158616 -0.0632564993158616 -0.0702733045644319
Stock impact report

BuzzFeed, Inc. Posts Strong Q2 Financial Results and Expects Continued Improvement in Q3 [Yahoo! Finance]

BuzzFeed, Inc. - Class A (BZFD) 
Company Research Source: Yahoo! Finance
BuzzFeed, Inc. was the Only Digital Media Company in Competitive Set to Grow Audience Time Spent in Q2 Versus Q1, according to Comscore NEW YORK, August 12, 2024 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 EBITDA 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 allows us to accelerate AI product development, make our sites and apps more interactive Show less Read more
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