BuzzFeed Q2 Programmatic Advertising Revenues Grew 3% YoY, Affiliate Commerce Revenues Grew 9%
Portfolio Pulse from Benzinga Newsdesk
BuzzFeed reported a 3% year-over-year growth in Q2 programmatic advertising revenues and a 9% increase in affiliate commerce revenues.
August 12, 2024 | 8:22 pm
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BuzzFeed reported a 3% year-over-year growth in Q2 programmatic advertising revenues and a 9% increase in affiliate commerce revenues.
The reported growth in both programmatic advertising and affiliate commerce revenues indicates positive business performance, which is likely to have a favorable impact on BuzzFeed's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100