---
schema_version: "secwatch.filing_event.v1"
accession: "0001084048-23-000056"
form_type: "8-K"
ticker: "ZD"
cik: "0001084048"
company_name: "ZIFF DAVIS, INC."
filed_at: "2023-08-04T23:59:59+00:00"
generated_at: "2026-06-12T05:36:01.993130+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ziff Davis Q2 revenue down 3.4% to $326M, adjusted EBITDA falls 9.6%, reaffirms FY guidance

## Summary
- Revenue $326.0M (down 3.4% YoY); Digital Media -2.2%, Cybersecurity/Martech -7.3%.
- Adjusted EBITDA $106.7M (margin 32.7% vs 35.0%), adjusted diluted EPS $1.27 vs $1.58.
- Net income $16.7M vs loss $(46.4)M a year ago, helped by non-recurring Consensus loss.
- Free cash flow $14.5M (down 72% from $52.6M); operating cash flow $39.7M (down 48%).
- Reaffirms FY2023 guidance; CEO cites cautious optimism and strategic AI partnership with Xyla.

## SEC filing metadata
- accession: 0001084048-23-000056
- form_type: 8-K
- ticker: ZD
- cik: 0001084048
- company_name: ZIFF DAVIS, INC.
- filed_at: 2023-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1084048/000108404823000056/0001084048-23-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1084048/000108404823000056/jcom-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001084048-23-000056
- JSON: https://secwatch.observer/filing/0001084048-23-000056.json
- Plain text: https://secwatch.observer/filing/0001084048-23-000056.txt

## Key facts
- Earnings Releases
  ZIFF DAVIS, INC. updated its the second quarter ended June 30, 2023 guidance (reaffirmed).
  - Period: the second quarter ended June 30, 2023
  - Guidance: reaffirmed
  - Result: preliminary results
  source text: On August 3, 2023, Ziff Davis, Inc. (the “Company”) issued a press release (the “Press Release”) announcing its preliminary unaudited financial results for the second quarter ended June 30, 2023 and reaffirming its financial guidance for fiscal year 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1084048/000108404823000056/0001084048-23-000056-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.