earnings
confidence high
sentiment neutral
materiality 0.70
Ziff Davis Q4 rev down 2.9% to $396.7M; adj. diluted EPS up 3.7% to $2.26; guides 2023 rev $1.35-1.408B
ZIFF DAVIS, INC.
2022-FY EPS reported
$1.36
revenue$1,390,997,000
- Q4 2022 revenue $396.7M (-2.9% YoY); Digital Media -1.2%, Cybersecurity & Martech -9.5%.
- Adjusted EBITDA $168.3M (+4.1%); margin 42.4%; adjusted net income $106.0M (+0.9%).
- Full-year revenue $1.391B (-1.8%); adjusted EBITDA $507.2M (+1.6%); adj. diluted EPS $6.65 (+3.3%).
- 2023 guidance: rev $1.35-1.408B, adj. EBITDA $479-514M, adj. diluted EPS $6.02-6.54.
- Cash and investments $839.1M; Free cash flow (continuing & disc. ops) $17.8M in Q4, $230.3M for FY.