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Ziff Davis Q3 Adjused Net Income, Revenue Increase; 2024 Outlook Affirmed
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Ziff Davis Q3 Adjused Net Income, Revenue Increase; 2024 Outlook Affirmed
Nov 9, 2024 12:54 PM

04:13 AM EST, 11/08/2024 (MT Newswires) -- Ziff Davis ( ZD ) reported Q3 adjusted net income Thursday of $1.64 per diluted share, up from $1.50 a year earlier.

Analysts polled by Capital IQ expected $1.51.

Revenue for the quarter ended Sept. 30 was $353.6 million, up from $341 million a year earlier.

Analysts surveyed by Capital IQ expected $348.0 million.

For 2024, the digital media platform reaffirmed its previous projection of adjusted net income of $6.43 to $6.77 per diluted share on revenue of $1.41 billion to $1.47 billion. Analysts polled by Capital IQ expect EPS of $6.63 on $1.42 billion in revenue.

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