In This Article:
Ziff Davis (NASDAQ:ZD) Third Quarter 2024 Results
Key Financial Results
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Revenue: US$353.6m (up 3.7% from 3Q 2023).
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Net loss: US$48.6m (loss widened by 57% from 3Q 2023).
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US$1.11 loss per share (further deteriorated from US$0.67 loss in 3Q 2023).
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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