Ziff Davis Inc

ZD

Equity

ISIN US48123V1026 / Valor 14502324

NASDAQ (2024-09-17)

USD 51.34+3.26%

Ziff Davis Inc
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About company

Ziff Davis Inc is a global digital media and internet company that specializes in technology, gaming, healthcare, and shopping content, along with performance marketing.

Summarized from source with an LLMView SourceSector: Technology

Revenue Decrease

Ziff Davis Inc. reported a 1.6% decrease in quarterly revenues for the second quarter of 2024, amounting to $320.8 million compared to $326.0 million in the same quarter of 2023.

Income from Operations

Income from operations for Ziff Davis Inc. in Q2 2024 decreased by 26.5%, totaling $28.6 million, down from $38.9 million in Q2 2023.

Net Income Increase

Ziff Davis Inc. saw a significant increase in net income for the second quarter of 2024, reaching $36.9 million compared to $16.7 million in the same period of the previous year.

Adjusted EBITDA

Adjusted EBITDA for Ziff Davis Inc. in Q2 2024 decreased by 9.8%, amounting to $96.3 million compared to $106.7 million in Q2 2023.

Cash Flow

Net cash provided by operating activities for Ziff Davis Inc. in the second quarter of 2024 was $50.6 million, an increase from $39.7 million in Q2 2023. Free cash flow also rose to $25.1 million from $14.5 million in the same period.

Summarized from source with an LLMView Source

Key figures

-22.8%1Y

-61.3%3Y

-43.7%5Y

Performance

33.8%1Y

36.6%3Y

36.7%5Y

Volatility