BuzzFeed (BZFD) Reports Q3 Results

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BuzzFeed, Inc. Delivers Strong Q3 Financial Results

November 12, 2024 4:40 PM EST

Affiliate Commerce Revenues Grew 53% Year-Over-Year, Including BuzzFeeds Biggest Prime Day Ever in July

Programmatic Advertising Revenues Grew 9% Year-Over-Year

BuzzFeed, Inc. Led Its Competitive Set In Audience Time Spent, Growing versus Q2 and Last Year to Reach 80 Million Hours, according to Comscore1

NEW YORK--(BUSINESS WIRE)-- BuzzFeed, Inc. (Nasdaq: BZFD) reported improved year-over-year profitability in the third quarter (ended September 30, 2024) generating net income from continuing operations of $2 million and Adjusted EBITDA2 of $11 million, near the high end of the Companys outlook... More