secwatch.observer — SEC 8-K summary
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Issuer:     ZIFF DAVIS, INC. (ZD)
CIK:        0001084048
Form:       8-K
Filed at:   2023-02-16T23:59:59+00:00
Accession:  0001084048-23-000004
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1084048/000108404823000004/0001084048-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1084048/000108404823000004/jcom-20230215.htm
  HTML page:      https://secwatch.observer/filing/0001084048-23-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer