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Ziff Davis Q2 Adjusted Earnings, Revenue Decline; Maintains Full-Year 2024 Outlook
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Ziff Davis Q2 Adjusted Earnings, Revenue Decline; Maintains Full-Year 2024 Outlook
Aug 8, 2024 12:36 AM

03:23 AM EDT, 08/08/2024 (MT Newswires) -- Ziff Davis ( ZD ) reported Q2 adjusted earnings late Wednesday of $1.18 per diluted share, down from $1.27 a year earlier.

Analysts polled by Capital IQ expected $1.26.

Revenue for the quarter ended June 30 was $320.8 million, down from $326 million a year earlier. Analysts surveyed by Capital IQ expected $333 million.

For 2024, the company continues to expect adjusted EPS to be in a range of $6.43 to $6.77 and revenue to be between $1.41 billion and $1.47 billion. Analysts polled by Capital IQ expect EPS of $6.54 on revenue of $1.43 billion.

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