BuzzFeed, Inc. reports developments across a digital media business built around BuzzFeed, HuffPost and Tasty. Company news commonly covers financial results, advertising and commerce activity, studio content, brand programming and product launches tied to entertainment, shopping, food and news audiences.
Recent updates also highlight HuffPost shopping and editorial verticals, Tasty recipe and food-community programming, and BuzzFeed initiatives in software, apps and AI-enabled internet products. Corporate announcements include earnings release schedules, conference calls and broader capital and operating commentary from the public company.
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BuzzFeed, Inc. (NASDAQ: BZFD) is set to release its first quarter 2023 financial results on May 9, 2023, after market close. CEO Jonah Peretti, President Marcela Martin, and CFO Felicia DellaFortuna will host a conference call at 5:00 PM ET to discuss these results. Additionally, the company will host a virtual Investor Day on May 11, 2023, at 1:00 PM ET, which will be live-streamed and include a Q&A session. Interested parties can register via the Investor Relations site. The financial results call and the Investor Day will both be accessible for replay shortly after the events.
BuzzFeed, Inc. (BZFD) announced Q4 2022 results, reporting revenues of $134.6 million, an 8% decline year-over-year. Notably, advertising revenue fell 27% to $50.5 million, while content revenue decreased 9% to $54.8 million. Conversely, commerce and other revenues surged 76% to $29.3 million. The net loss for Q4 was $106.2 million, largely due to a non-cash goodwill impairment charge of $102.3 million. For Q1 2023, BuzzFeed anticipates revenues between $61 million and $67 million and predicts Adjusted EBITDA losses of $18 million to $25 million.
BuzzFeed, Inc. (NASDAQ: BZFD) will announce its Q4 and full year 2022 financial results on March 13, 2023, after market closure. CEO Jonah Peretti, President Marcela Martin, and CFO Felicia DellaFortuna will discuss the outcomes during a conference call at 5:00 PM ET. Additionally, the company is set to host a virtual Investor Day on May 11, 2023, with registration details to follow. The financial results and the conference call can be accessed via investors.buzzfeed.com. BuzzFeed remains committed to enhancing quality and inclusivity in digital media.