ZIFF DAVIS, INC. reported first quarter ended March 31, 2026 results: revenue $267.6 million, net income $(0.8) million, EPS $(0.02).
“segment. The Company will continue to own and operate the Connectivity business in the ordinary course until the closing of the transaction. • Revenues (1) decreased to $267.6 million compared to $272.8 million for Q1 2025. • Operating income decreased to $2.9 million compared to $14.5 million for Q1 2025. • Net (loss) income from continuing operations (2)”
Material Agreements
ZIFF DAVIS, INC. entered into Securities Purchase Agreement with Accenture Inc. valued at $1.2 billion in cash (effective 2026-03-02).
“On March 2, 2026, Ziff Davis, Inc., a Delaware corporation (the “Company”), Ziff Davis, LLC, a Delaware limited liability company and a wholly owned subsidiary of the Company (“Seller”), and Accenture Inc., a Delaware corporation (“Purchaser”), entered into a Securities Purchase Agreement (the “Purchase Agreement”), pursuant to which, subject to the terms and conditions set forth therein, the Company agreed to sell its Connectivity division (the “Business”) to Purchaser (the “Transaction”) for an aggregate purchase price of $1.2 billion in cash”
Bret Richter departed as Chief Financial Officer at ZIFF DAVIS, INC..
“As a result of such appointment, Bret Richter will resign from his interim role as principal accounting officer effective as of December 2, 2024. Mr. Richter will continue in his role as the Company’s Chief Financial Officer.”
Lori Tansley was appointed as Chief Accounting Officer at ZIFF DAVIS, INC..
“On November 26, 2024, Ziff Davis, Inc. (the “Company”) announced that Lori Tansley has been appointed to serve as the Company’s new Chief Accounting Officer and principal accounting officer, effective as of December 2, 2024 (the “Effective Date”).”
Bret Richter was appointed as Principal Accounting Officer at ZIFF DAVIS, INC..
“Effective as of August 16, 2024, and until such time as a replacement is named, Bret Richter, the Company’s Chief Financial Officer, will assume the role of principal accounting officer on an interim basis.”
Layth Taki resigned as Chief Accounting Officer at ZIFF DAVIS, INC..
“On July 19, 2024, Layth Taki, Chief Accounting Officer of Ziff Davis, Inc. (the “Company”), resigned effective as of August 16, 2024 to pursue another opportunity.”
Shareholder Votes
ZIFF DAVIS, INC. shareholders approved Advisory vote to approve the Company's 2024 Equity Incentive Plan at the 2024-05-07 meeting.
“A proposal to approve, in an advisory vote, the Company's 2024 Equity Incentive Plan. This proposal was approved with the following vote: For 28,229,326 Against 14,216,000 Abstain 16,291 Broker Non-Votes 1,291,510”
Shareholder Votes
ZIFF DAVIS, INC. shareholders approved Advisory vote to approve the compensation of the named executive officers at the 2024-05-07 meeting.
“A proposal to approve, in an advisory vote, the compensation of the named executive officers. This proposal was approved with the following vote: For 38,919,286 Against 3,520,959 Abstain 21,372 Broker Non-Votes 1,291,510”
Shareholder Votes
ZIFF DAVIS, INC. shareholders approved Ratify the appointment of KPMG LLP to serve as the Company's independent auditors for fiscal year 2024 at the 2024-05-07 meeting.
“A proposal to ratify the appointment of KPMG LLP to serve as the Company's independent auditors for fiscal year 2024. This proposal was approved with the following vote: For 42,954,779 Against 781,590 Abstain 16,758 Broker Non-Votes N/A”
Shareholder Votes
ZIFF DAVIS, INC. shareholders approved Election of eight director nominees at the 2024-05-07 meeting.
“The election of the following eight director nominees to serve for the ensuing year and until their successors are elected and qualified. All nominees were elected as directors with the following vote:”
Earnings Releases
ZIFF DAVIS, INC. reported the first quarter ended March 31, 2024 results: revenue $314.5 million, net income $10.6 million, EPS $0.23. Guidance reaffirmed.
“growth in our subscription and licensing revenues, as we continue to pursue a balanced business model." FIRST QUARTER 2024 RESULTS • Q1 2024 quarterly revenues increased 2.4% to $314.5 million compared to $307.1 million for Q1 2023. • Income from operations increased 36.3% to $35.9 million compared to $26.3 million for Q1 2023. • Net income (loss) (1) increased to”
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