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BZFD

BuzzFeed, Inc.

https://www.buzzfeed.com

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Internet Content & Information

BuzzFeed, Inc., a digital media company, provides breaking news, original reporting, entertainment, and videos across the social web to its global audience. It provides BuzzFeed, a go-to authority for entertainment, pop culture, and Internet with articles, lists, quizzes, videos, and original series; BuzzFeed News, a newsroom for young audience; Tasty, a platform for shareable food content; HuffPost, media platform for news, politics, opinion, entertainment, features, and lifestyle content; and Complex Networks that offers culture content of music, food, style, entertainment, and sports. The company also offers As/Is for style, BringMe for travel, Goodful for wellness, and Nifty for DIY. BuzzFeed, Inc. was founded in 2006 and is based in New York, New York.

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BuzzFeed shares are trading higher following Q2 earnings.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:25 am

BuzzFeed, Inc. (NASDAQ:BZFD) shares surged nearly 30% after the company reported better-than-expected Q3 results. Despite a 24.51% decrease in sales year-over-year, the company showed a significant improvement in quarterly losses and highlighted growth in commerce and affiliate revenues. CEO Jonah Peretti emphasized the benefits of their investment in AI technology. BuzzFeed expects Q4 revenues between $58 million and $68 million and adjusted EBITDA between $6 million and $11 million.

Portfolio Pulse from Erica Kollmann

August 12, 2024 | 8:42 pm

BuzzFeed expects Q3 overall revenues to be between $58 million and $63 million, with adjusted EBITDA ranging from $6 million to $11 million.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 8:23 pm

BuzzFeed reported a 3% year-over-year growth in Q2 programmatic advertising revenues and a 9% increase in affiliate commerce revenues.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 8:22 pm

BuzzFeed shares are trading higher following Q2 earnings.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 8:21 pm

BuzzFeed (NASDAQ:BZFD) reported Q2 EPS of $(0.18), an improvement from $(0.63) YoY, but sales decreased to $46.90M from $62.13M YoY.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 8:21 pm

LOST iN has acquired BuzzFeed's travel vertical, Bring Me!, to expand its content library and reach millions of travel enthusiasts. No financial terms were disclosed.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 1:34 pm

Social media personality Pulte X announced that the Pulte family has acquired an activist position in BuzzFeed and supports changes proposed by Vivek Ramaswamy. Following this announcement, BuzzFeed's shares were halted on a circuit breaker to the upside and are now up 17.1%.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 4:51 pm

BuzzFeed shares are trading higher after Vivek Ramaswamy increased his stake in the stock and met with the company's CEO.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 3:46 pm

Vivek Ramaswamy has met with BuzzFeed's CEO, Jonah Peretti, and disclosed that his stake in the company has risen to 8.9%.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 1:40 pm

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