BuzzFeed Expects Q3 Overal Revenues $58M-$63M, Adj. EBITDA $6M-$11M
Portfolio Pulse from Benzinga Newsdesk
BuzzFeed expects Q3 overall revenues to be between $58 million and $63 million, with adjusted EBITDA ranging from $6 million to $11 million.
August 12, 2024 | 8:23 pm
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BuzzFeed has provided guidance for Q3, expecting revenues between $58 million and $63 million, and adjusted EBITDA between $6 million and $11 million.
The revenue and EBITDA guidance provided by BuzzFeed is a positive indicator for the company's financial health in Q3. This could lead to a short-term increase in stock price as investors react to the expected financial performance.
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