secwatch.observer — SEC 8-K summary
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Issuer:     ZIFF DAVIS, INC. (ZD)
CIK:        0001084048
Form:       8-K
Filed at:   2022-11-09T23:59:59+00:00
Accession:  0001084048-22-000062
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ziff Davis Q3 revenue down 3.7% to $341.9M; adj. EPS up 6% to $1.58; revises FY22 guidance
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- Revenue $341.9M (-3.7% YoY); pro-forma revenue -1.1%. Digital Media +0.6%; Cybersecurity & Martech -15.8% actual.
- Adjusted non-GAAP net income from cont. ops $74.3M (+6.0%); Adjusted EBITDA $120.1M (+0.3%), margin 35.1%.
- Adjusted non-GAAP diluted EPS $1.58 (+6.0% YoY); GAAP net income $18.2M vs $6.8M in prior year.
- FY2022 guidance: revenue lowered to $1.39-1.40B (prior $1.41-1.435B); adj. EBITDA $507-513M; adj. EPS raised to $6.70-6.80.
- Ended Q3 with $801M cash; deployed $94.1M to repay senior notes and $19.3M for acquisitions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1084048/000108404822000062/0001084048-22-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1084048/000108404822000062/jcom-20221108.htm
  HTML page:      https://secwatch.observer/filing/0001084048-22-000062

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