secwatch.observer — SEC 8-K summary
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Issuer:     ZIFF DAVIS, INC. (ZD)
CIK:        0001084048
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0001084048-24-000044
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.07, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ziff Davis Q1 revenue +2.4% to $314.5M, net income turns positive; reaffirms FY2024 guidance
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- Revenue $314.5M (+2.4% YoY); Digital Media $239.0M (+2.1%), Cybersecurity/Martech $75.5M (+3.3%).
- Net income $10.6M vs $(7.6)M loss; diluted EPS $0.23 vs $(0.16).
- Adjusted EBITDA $100.8M (+6.8%); adjusted diluted EPS $1.27 (+15.5%).
- Cash $891.1M; deployed $46.9M for acquisitions in Q1.
- Reaffirmed full-year 2024 financial guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1084048/000108404824000044/0001084048-24-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1084048/000108404824000044/zd-20240507.htm
  HTML page:      https://secwatch.observer/filing/0001084048-24-000044

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