secwatch.observer — SEC 8-K summary
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Issuer:     ZIFF DAVIS, INC. (ZD)
CIK:        0001084048
Form:       8-K
Filed at:   2026-08-06T22:19:09+00:00
Accession:  0001084048-26-000043
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ziff Davis Q2 revenue down 2.7% to $286.7M; operating loss $44.7M on $54.8M goodwill impairment
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- Revenue $286.7M vs $294.8M YoY; net loss from continuing ops $52.2M ($1.43 diluted) vs $14.3M income.
- Adjusted EBITDA $76.8M (26.8% margin), down 3.7% YoY; adjusted diluted EPS $1.03, up 13.2%.
- Completed sale of Connectivity for ~$1,216.1M total proceeds, incl. $1,179.1M cash at closing and $37M escrow.
- Repurchased $121.5M shares and deployed $9.2M for acquisitions in Q2 2026.
- Free cash flow (cont.+disc. ops) $54.0M, up 100.3% YoY; operating cash flow $89.0M, up 55.9%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1084048/000108404826000043/0001084048-26-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1084048/000108404826000043/zd-20260806.htm
  HTML page:      https://secwatch.observer/filing/0001084048-26-000043

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