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Stock impact report

Ziff Davis Reports Fourth Quarter and Full Year 2024 Financial Results and Provides 2025 Guidance

Ziff Davis, Inc. (ZD) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Ziff Davis, Inc. (NASDAQ: ZD) (“Ziff Davis” or “the Company”) today reported unaudited financial results for the fourth quarter and year ended December 31, 2024.“We believe 2024 marked an inflection point for the Company as it returned to revenue, adjusted diluted EPS, and free cash flow growth,” said Vivek Shah, Chief Executive Officer of Ziff Davis. “We are also excited to introduce a new segment reporting structure that we believe will aid investors in gaining a better understanding and appreciation of our business.”FOURTH QUARTER 2024 RESULTSQ4 2024 quarterly revenues increased 5.9% to $412.8 million compared to $389.9 million for Q4 2023.Income from operations decreased to $78.5 million compared to $80.7 million for Q4 2023.Net income (1) increased 1.0% to $64.1 million compared to $63.4 million for Q4 2023.Net income per diluted share (1) increased to $1.43 in Q4 2024 compared to $1.29 for Q4 2023.Adjusted EBITDA (2) for the quarter increased 2.5% Show less Read more
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