Overview

* Ziff Davis ( ZD ) Q3 revenue grows 2.9% yr/yr but just misses analyst expectations

* Company evaluates potential sale of divisions to maximize shareholder value

Outlook

* Ziff Davis ( ZD ) reaffirms 2025 revenue guidance of $1.442 bln to $1.502 bln

* Company expects 2025 adjusted EBITDA between $505 mln and $542 mln

* Ziff Davis ( ZD ) projects 2025 adjusted diluted EPS of $6.64 to $7.28

Result Drivers

* GOODWILL IMPAIRMENT REDUCTION - Co's operating income increase driven by reduced goodwill impairment charges compared to prior year

* SHARE REPURCHASES - Co continues share repurchase program, deploying $44.4 mln in Q3 2025

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Slight $363.70 $366.73

Revenue Miss* mln mln (7

Analysts

)

Q3 Miss $71.50 $75.07

Adjusted mln mln (6

Net Analysts

Income )

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the online services peer group is "buy."

* Wall Street's median 12-month price target for Ziff Davis Inc ( ZD ) is $43.50, about 24.9% above its November 6 closing price of $32.65

* The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 4 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)