BuzzFeed (BZFD) Misses Q1 EPS by 4c

BuzzFeed (NASDAQ: BZFD) reported Q1 EPS of ($0.26), $0.04 worse than the analyst estimate of ($0.22). Revenue for the quarter came in at $67.2 million versus the consensus estimate of $83.59 million.

GUIDANCE:

BuzzFeed sees Q2 2023 revenue of $76-81 million, versus the consensus of $85 million.

• We expect Adjusted EBITDA in the range of $0 to $4 million

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

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