BuzzFeed (BZFD) Misses Q3 EPS by 1c, Misses on Revenue; Offers Q4 Revenue Guidance

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Go back to BuzzFeed (BZFD) Misses Q3 EPS by 1c, Misses on Revenue; Offers Q4 Revenue Guidance

BuzzFeed, Inc. Announces Third Quarter 2023 Financial Results

November 2, 2023 4:30 PM EDT

NEW YORK--(BUSINESS WIRE)-- BuzzFeed, Inc. (BuzzFeed or the Company) (Nasdaq: BZFD), a premier digital media company for the most diverse, most online, and most socially engaged generations the world has ever seen, today announced financial results for the third quarter ended September 30, 2023.

Weve taken significant steps to combat the ongoing traffic and monetization challenges facing digital media companies. We continue to be laser-focused on driving traffic directly to our owned and operated websites and apps in order to reduce our dependence on the major tech platforms for audience traffic, improve monetization... More