{"schema_version":"secwatch.filing_event.v1","accession":"0001084048-24-000008","form_type":"8-K","ticker":"ZD","cik":"0001084048","company_name":"ZIFF DAVIS, INC.","filed_at":"2024-02-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.321380+00:00","generated_at":"2026-06-05T18:17:34.104747+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"medium","headline":"Ziff Davis Q4 2023 revenue falls 1.7% to $389.9M; adj. EPS up 3.1%; 2024 guidance provided","bullets":["Q4 revenue $389.9M (-1.7% YoY); Digital Media $317.9M (-1.2%), Cybersecurity & Martech $72.0M (-4.0%).","Q4 adj. diluted EPS $2.33 (+3.1% YoY); adjusted EBITDA $167.6M (-0.4%); free cash flow $65.9M vs $17.8M prior year.","Full year 2023 revenue $1.36B (-1.9%); adj. diluted EPS $6.19 (-6.9%); net cash from ops $320.0M.","Company expects return to healthy growth in 2024; provided financial guidance (specifics not in excerpt).","Repurchased $108.5M in shares during 2023; ended Q4 with $905.6M cash and investments."],"urls":{"canonical":"https://secwatch.observer/filing/0001084048-24-000008","json":"https://secwatch.observer/filing/0001084048-24-000008.json","markdown":"https://secwatch.observer/filing/0001084048-24-000008.md","text":"https://secwatch.observer/filing/0001084048-24-000008.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1084048/000108404824000008/0001084048-24-000008-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1084048/000108404824000008/zd-20240221.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T18:17:34.104747+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4f658a7083301e6b6c53a091d9e0abb137015257","claim":"ZIFF DAVIS, INC. reported the year ended December 31, 2023 results: revenue $1.36 billion, net income $41.5 million, EPS $0.89. Guidance initiated.","evidence_excerpt":"in cash, cash equivalents, and investments. No funds were deployed in Q4 2023 for current year acquisitions. FULL YEAR 2023 RESULTS • 2023 yearly revenues decreased 1.9% to $1.36 billion compared to $1.39 billion for 2022. • Income from operations decreased 33.3% to $132.6 million compared to $198.9 million for 2022 partially due to the recognition of a $56.9","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1084048/000108404824000008/0001084048-24-000008-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2023"},{"label":"Revenue","value":"$1.36 billion"},{"label":"Net income","value":"$41.5 million"},{"label":"EPS","value":"$0.89"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"},{"claim_id":"673d4af51c2fcb76ba0df0ccef47fb70b2e93b93","claim":"ZIFF DAVIS, INC. reported the fourth quarter ended December 31, 2023 results: revenue $389.9 million, net income $63.4 million, EPS $1.29. Guidance initiated.","evidence_excerpt":"to act with conviction and decisiveness in the M&A market to further grow our business.\" FOURTH QUARTER 2023 RESULTS • Q4 2023 quarterly revenues decreased 1.7% to $389.9 million compared to $396.7 million for Q4 2022. • Income from operations decreased 13.6% to $80.7 million compared to $93.5 million for Q4 2022. • Net income from continuing operations","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1084048/000108404824000008/0001084048-24-000008-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$389.9 million"},{"label":"Net income","value":"$63.4 million"},{"label":"EPS","value":"$1.29"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}