Ziff Davis (ZD) Tops Q1 EPS by 4c; Offers FY23 Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/10/2026
- Wall St flat as SK Hynix's stellar debut limits losses in chip stocks
- Oil prices fall on hopes for smoother shipping in Strait of Hormuz
- The real reason Meta shares are surging has nothing to do with its new AI model
- Stifel lifts Shopify to Buy, sees agentic commerce as next growth catalyst
- Delta Air Lines stock climbs on earnings beat and strong guidance
- Key things to know ahead of SK Hynix’s blockbuster US listing
- Almonty Industries (ALM) PT Raised to $33 at DA Davidson
- S&P Downgrades Oracle To 'bbb-/A-3'; Outlook Stable
- Meta falls as massive AI infrastructure spending plans overshadow chip progress
- The real reason Meta shares are surging has nothing to do with its new AI model
Ziff Davis Reports First Quarter 2023 Financial Results and Reaffirms 2023 Guidance
May 9, 2023 5:30 PM EDTNEW YORK--(BUSINESS WIRE)-- Ziff Davis, Inc. (NASDAQ: ZD) (Ziff Davis or the Company) today reported unaudited financial results for the first quarter ended March 31, 2023.
While the operating environment remains challenging, were pleased to see incremental improvements in several of our businesses, said Vivek Shah, Chief Executive Officer of Ziff Davis. The quarter's strong free cash flow reinforces our healthy balance sheet while we actively seek capital allocation opportunities."
FIRST QUARTER 2023 RESULTS
Q1 2023 quarterly revenues decreased 2.5% to $307.1 million compared to $315.1 million for Q1 2022. Income from operations decreased 14.1% to $26.3... More