BuzzFeed, Inc. First Quarter 2024 Financial Results in Line With March Outlook

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BuzzFeed (BZFD) Misses Q1 EPS by 53c, Revenue Misses; Offers Weak Q2 Guidance

May 13, 2024 4:38 PM EDT

(Updated - May 13, 2024 4:38 PM EDT)

BuzzFeed (NASDAQ: BZFD) reported Q1 EPS of ($0.72), $0.53 worse than the analyst estimate of ($0.19). Revenue for the quarter came in at $44.76 million versus the consensus estimate of $73.02 million.

"Second Quarter 2024 Financial Outlook:

We expect overall... More