Ziff Davis Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

In This Article:

Ziff Davis (NASDAQ:ZD) Third Quarter 2024 Results

Key Financial Results

  • Revenue: US$353.6m (up 3.7% from 3Q 2023).

  • Net loss: US$48.6m (loss widened by 57% from 3Q 2023).

  • US$1.11 loss per share (further deteriorated from US$0.67 loss in 3Q 2023).

earnings-and-revenue-growth
NasdaqGS:ZD Earnings and Revenue Growth November 9th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Ziff Davis Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Interactive Media and Services industry in the US.

Performance of the American Interactive Media and Services industry.

The company's shares are up 22% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Ziff Davis that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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