BuzzFeed Q2 revenue down 27% to $77.9M; net loss $27.8M, guided Q3 revenue $73-78M

BuzzFeed, Inc.

2023-Q2 EPS reported -$0.45 revenue$145,054,000

Q2 revenue $77.9M, down 27% YoY; advertising revenue fell 33% to $35.4M.
Net loss $27.8M vs $23.6M loss in Q2 2022; Adjusted EBITDA loss $0.1M vs +$2.1M.
Q3 revenue guidance $73-78M; Adjusted EBITDA range ($1M)-$4M.
Time Spent down 9% YoY to 96M hours; cash $41M at quarter end.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

BuzzFeed, Inc. reported financial results for the second quarter ended June 30, 2023.

Period: the second quarter ended June 30, 2023
Result: reported results

Exact text from the filing

issued a press release (the “Press Release”) announcing its financial results for the quarter ended June 30, 2023

View on SEC.gov

20 earnings releases filed in the last 30 days. Browse all earnings releases →

BuzzFeed, Inc. filing history →

Source: SEC EDGAR

accession 0001828972-23-000136

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.