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

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

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

May 13, 2024 4:37 PM EDT

Company Completes Transformation to O&O-Led Platform

Flagship BuzzFeed Properties Show Early Momentum with 3% Growth In Direct Traffic Versus Q4

NEW YORK--(BUSINESS WIRE)-- BuzzFeed, Inc1.s (Nasdaq: BZFD) reported first quarter (ended March 31, 2024) financial results in line with the companys outlook shared on March 25, 2024.

We closed the first quarter of 2024 with exciting momentum in our business, completing the biggest step in our transformation, which was to refocus the company on our owned and operated sites and apps, and away from the platform-dependent model... More