Ziff Davis Reports Fourth Quarter and Full Year 2023 Financial Results and Provides 2024 Guidance
Ziff Davis, Inc. (ZD)
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Ziff Davis, Inc. (NASDAQ: ZD) (“Ziff Davis” or “the Company”) today reported unaudited financial results for the fourth quarter and year ended December 31, 2023.“We have a positive and encouraging outlook on 2024 that reflects a return to healthy growth rates at the company,” said Vivek Shah, Chief Executive Officer of Ziff Davis. “At the same time, we are well-positioned to act with conviction and decisiveness in the M&A market to further grow our business."FOURTH QUARTER 2023 RESULTSQ4 2023 quarterly revenues decreased 1.7% to $389.9 million compared to $396.7 million for Q4 2022.Income from operations decreased 13.6% to $80.7 million compared to $93.5 million for Q4 2022.Net income from continuing operations(1) decreased 8.3% to $63.4 million compared to $69.2 million for Q4 2022.Net income(1) decreased 6.1% to $63.4 million compared to $67.5 million for Q4 2022.Net income per diluted share from continuing operations(1) decreased 5.8% to $1.29 in Q4 2
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ZD
News
- Ziff Davis, Inc. (NASDAQ: ZD) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating. They now have a $70.00 price target on the stock.MarketBeat
- Ziff Davis to Participate in Two Investor Conferences in MayBusiness Wire
- Ziff Davis Appoints Kate Gutman as EVP, General Manager, of its Technology Media BusinessesBusiness Wire
- Ziff Davis to Announce First Quarter 2024 EarningsBusiness Wire
- Ziff Davis Issues 2023 ESG Report and 2023 DEI ReportBusiness Wire
ZD
Earnings
- 2/21/24 - Beat
ZD
Sec Filings
- 4/22/24 - Form DEFA14A
- 3/27/24 - Form ARS
- 3/27/24 - Form DEFA14A
- ZD's page on the SEC website