BuzzFeed (BZFD) Misses Q3 EPS by 2c, Revenue Beats

BuzzFeed (NASDAQ: BZFD) reported Q3 EPS of ($0.19), $0.02 worse than the analyst estimate of ($0.17). Revenue for the quarter came in at $103.7 million versus the consensus estimate of $94.14 million.

• Fourth Quarter 2022 Financial Outlook:
• For the fourth quarter of 2022:
• We expect overall revenues in the range of $129 to $134 million
• We expect Adjusted EBITDA in the range of $12.5 to $17.5 million
• Additionally, we expect stock-based compensation expenses in the range of $3.5 to $4.5 million

For earnings history and earnings-related data on BuzzFeed (BZFD) click here.

You May Also Be Interested In

• Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
• Ennis (EBF) Reports In-Line Q1 EPS
• Stifel Starts Victrex Plc. (VCT:LN) (VTXPF) at Buy