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Mar 31, 2024
Ziff Davis Q1 2024 Earnings Report
Ziff Davis's Q1 2024 financial performance showed revenue growth and increased profitability.
Key Takeaways
Ziff Davis reported a 2.4% increase in quarterly revenues to $314.5 million, with net income rising to $10.6 million and adjusted EBITDA increasing by 6.8% to $100.8 million.
Revenues increased by 2.4% to $314.5 million compared to Q1 2023.
Income from operations increased by 36.3% to $35.9 million compared to Q1 2023.
Net income increased to $10.6 million compared to a loss of $(7.6) million in Q1 2023.
Adjusted EBITDA increased by 6.8% to $100.8 million compared to Q1 2023.
Revenue by Segment
Forward Guidance
The Company reaffirms its guidance for fiscal year 2024 outlook as follows (in millions, except per share data):
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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