{"schema_version":"secwatch.filing_event.v1","accession":"0001828972-23-000187","form_type":"8-K","ticker":"BZFD","cik":"0001828972","company_name":"BuzzFeed, Inc.","filed_at":"2023-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.817178+00:00","generated_at":"2026-06-09T00:54:38.926221+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"BuzzFeed Q3 revenue down 29% to $73.3M; adjusted EBITDA turns positive at $3.1M","bullets":["Advertising revenue fell 35% YoY to $32.6M; content revenue down 32% to $26.2M.","Net loss improved to $13.9M from $27.0M loss in Q3 2022; cash and equivalents $42M.","Time Spent declined 19% YoY to 92 million hours.","Q4 2024 guidance: revenue $99-110M, Adjusted EBITDA $20-30M.","CEO cites strategic changes to reduce platform dependence and improve monetization."],"urls":{"canonical":"https://secwatch.observer/filing/0001828972-23-000187","json":"https://secwatch.observer/filing/0001828972-23-000187.json","markdown":"https://secwatch.observer/filing/0001828972-23-000187.md","text":"https://secwatch.observer/filing/0001828972-23-000187.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1828972/000182897223000187/0001828972-23-000187-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1828972/000182897223000187/bzfd-20231102.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T00:54:38.926221+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":"0acb9183548b4d428f5d90b9812d562eaef6bfbc","claim":"BuzzFeed, Inc. reported the third quarter ended September 30, 2023 results: revenue $73.3 million, net income $13.9 million.","evidence_excerpt":"as we work toward building a sustainable long-term model for content creation.” Third Quarter 2023 Financial and Operational Highlights ● BuzzFeed delivered Q3 revenues of $73.3 million, declining 29% compared to the third quarter of 2022 ○ Advertising revenue declined 35% year-over-year to $32.6 million ○ Content revenue declined 32% year-over-year to $26.2","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1828972/000182897223000187/0001828972-23-000187-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2023"},{"label":"Revenue","value":"$73.3 million"},{"label":"Net income","value":"$13.9 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}