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Dec 31, 2022
Ziff Davis Q4 2022 Earnings Report
Ziff Davis's financial performance was reported for Q4 2022, showing a mix of challenges and growth.
Key Takeaways
Ziff Davis reported a decrease in quarterly revenues by 2.9% to $396.7 million, and a significant decrease in net income to $69.2 million due to a non-recurring unrealized gain on investment. However, the company saw an increase in adjusted net income and adjusted EBITDA.
Q4 revenues decreased by 2.9% compared to Q4 2021.
Net income decreased significantly due to a non-recurring unrealized gain on investment.
Adjusted net income increased slightly by 0.9%.
Adjusted EBITDA increased by 4.1%.
Ziff Davis
Ziff Davis
Forward Guidance
The Company’ full year 2023 outlook is as follows (in millions, except per share data):