Profile
Sector:
Communication ServicesIndustry:
Internet Content & InformationCountry:
United StatesIPO:
05 March 2021Website:
http://www.buzzfeed.comNext earnings report:
25 March 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Thu, 21 Nov 2024 00:49:42 GMTDividend
Analysts recommendations
Institutional Ownership
BZFD Latest News
Whether you agree with President-elect Donald Trump's economic policies or not, one thing is certain: the conclusion of the 2024 U.S. presidential election on Wall Street has unleashed the “animal spirits.” To be fair, stocks have been on a tear since the bear market lows of 2022, boosted by a falling inflation rate, AI/data center spending, and a dovish federal reserve board.
NEW YORK--(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 EBITDA2 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 - Affi.
BuzzFeed (BZFD) stock price has erased some of the gains made earlier this year as concerns about the company continues. It initially surged to a high of $4.5 after Vivek Ramaswamy invested in it a few months ago.
BuzzFeed's Q3 FY 2024 guidance is the highest ever, showcasing a strong business turnaround with significant improvements in engagement and advertising revenues. The $120 million 8.5% convertible debt put option due December 3, 2024, poses a major risk, but management has multiple strategies to address it. Selling First We Feast, refinancing the debt, or extending the put option with warrants are viable solutions to defuse the debt issue.
BuzzFeed, Inc. (NASDAQ:BZFD ) Q2 2024 Earnings Call Transcript August 12, 2024 5:00 PM ET Company Participants Amita Tomkoria - SVP of IR Jonah Peretti - CEO Matt Omer - CFO Operator Good day, and thank you for standing by, and welcome to BuzzFeed, Inc. Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
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 Com.
BuzzFeed is a digital publisher that used to attract a lot of attention from people who thought it was the future of media. Now, it attracts people who think it is mismanaged and want to change the way CEO Jonah Peretti runs the company.
Vivek Ramaswamy's quest to continue remaking Buzzfeed (NASDAQ: BZFD ) has taken a new turn. Indeed, the billionaire and former Republican presidential candidate isn't the only conservative buying up shares of BZFD stock.
Former presidential candidate Vivek Ramaswamy has been buying shares of BuzzFeed. He says he wants to remake the publisher, starting with its board, and insisted on adding 3 new members by July 15.
NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (NASDAQ: BZFD) today announced plans to release second quarter 2024 financial results on Monday, August 12, 2024 after the market closes. BuzzFeed, Inc. Founder and CEO Jonah Peretti and CFO Matt Omer will host a conference call to discuss the results at 5:00 PM ET. The financial results conference call will be available via webcast at investors.buzzfeed.com under the heading News & Events. A replay of the call will be made available at the same URL.
What type of business is BuzzFeed?
BuzzFeed, Inc., a digital media company, distributes content across owned and operated, as well as third-party platforms. The company offers BuzzFeed, a go-to authority for entertainment, pop culture, and Internet with articles, lists, quizzes, videos, and original series; BuzzFeed News, a pocket friendly newsroom; Tasty, a platform for food content; HuffPost, media platform for news, politics, opinion, entertainment, features, and lifestyle content. It also provides display, programmatic, and video advertising on its owned and operated sites and applications. BuzzFeed, Inc. was founded in 2006 and is headquartered in New York, New York.
What sector is BuzzFeed in?
BuzzFeed is in the Communication Services sector
What industry is BuzzFeed in?
BuzzFeed is in the Internet Content & Information industry
What country is BuzzFeed from?
BuzzFeed is headquartered in United States
When did BuzzFeed go public?
BuzzFeed initial public offering (IPO) was on 05 March 2021
What is BuzzFeed website?
https://www.buzzfeed.com
Is BuzzFeed in the S&P 500?
No, BuzzFeed is not included in the S&P 500 index
Is BuzzFeed in the NASDAQ 100?
No, BuzzFeed is not included in the NASDAQ 100 index
Is BuzzFeed in the Dow Jones?
No, BuzzFeed is not included in the Dow Jones index
When was BuzzFeed the previous earnings report?
No data
When does BuzzFeed earnings report?
The next expected earnings date for BuzzFeed is 25 March 2025