BuzzFeed, Inc., (BZFD) News
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Latest BZFD News From Around the Web
Below are the latest news stories about BUZZFEED INC that investors may wish to consider to help them evaluate BZFD as an investment opportunity.
BuzzFeed, Inc. Announces Sale of First We Feast to an Affiliate of Soros Fund Management in $82.5 Million All-Cash DealNEW YORK, December 12, 2024--BuzzFeed, Inc. (Nasdaq: BZFD) (the "Company") today announced the closing of its sale of First We Feast to a consortium led by an affiliate of Soros Fund Management LLC in an $82.5 million all-cash deal. The proceeds of the transaction combined with a partial prepayment of the Company’s outstanding convertible notes has the Company operating with a cash balance that exceeds its remaining debt. Refer to the Company’s 8-K filed with the SEC on December 12, 2024 for add |
BuzzFeed, Inc. Delivers Strong Q3 Financial ResultsNEW YORK, November 12, 2024--BuzzFeed, Inc. (Nasdaq: BZFD) reported improved year-over-year profitability in the third quarter (ended September 30, 2024) generating net income from continuing operations of $2 million and Adjusted EBITDA2 of $11 million, near the high end of the Company’s outlook shared on August 12, 2024. Third quarter revenues exceeded the Company’s outlook, growing 7% year-over-year, with strong growth in two of BuzzFeed, Inc.’s largest and highest-margin revenue streams - Aff |
BuzzFeed, Inc. to Release Third Quarter 2024 Financial Results on Tuesday, November 12, 2024NEW YORK, October 08, 2024--BuzzFeed, Inc. (NASDAQ: BZFD) today announced plans to release third quarter 2024 financial results on Tuesday, November 12, 2024 after the market closes. BuzzFeed, Inc. Founder and CEO Jonah Peretti and CFO Matt Omer will host a conference call to discuss the results at 5:00 PM ET / 2:00 PM PT. |
BuzzFeed, Inc. Posts Strong Q2 Financial Results and Expects Continued Improvement in Q3NEW YORK, August 12, 2024--BuzzFeed, Inc. (Nasdaq: BZFD) reported improved second quarter (ended June 30, 2024) net loss from continuing operations as compared to the prior-year period, and Adjusted EBITDA2 ahead of the Company’s outlook shared on May 13, 2024 and reiterated on July 3, 2024. Second quarter revenues were in line with the Company’s outlook, with year-over-year growth in two of BuzzFeed, Inc.’s largest and highest-margin revenue streams - Programmatic Advertising and Affiliate Comm |
BuzzFeed, Inc. to Release Second Quarter 2024 Financial Results on Monday, August 12, 2024NEW YORK, July 11, 2024--BuzzFeed, Inc. (NASDAQ: BZFD) today announced plans to release second quarter 2024 financial results on Monday, August 12, 2024 after the market closes. BuzzFeed, Inc. Founder and CEO Jonah Peretti and CFO Matt Omer will host a conference call to discuss the results at 5:00 PM ET. |
BuzzFeed stock soars after Vivek Ramaswamy acquires activist stakeRamaswamy disclosed a 7.7% stake in the company and will push for changes, according to an SEC filing. |
BuzzFeed Inc., Bullish About Future of the Company, Redefines Compensation Model to Drive Value CreationNEW YORK, May 17, 2024--BuzzFeed, Inc. (Nasdaq: BZFD) today announced its go-forward model for employee equity compensation and incentives. |
BuzzFeed, Inc. First Quarter 2024 Financial Results in Line With March OutlookNEW YORK, May 13, 2024--BuzzFeed, Inc1.’s (Nasdaq: BZFD) reported first quarter (ended March 31, 2024) financial results in line with the company’s outlook shared on March 25, 2024. |
BuzzFeed, Inc. Announces 1-For-4 Reverse Stock SplitNEW YORK, May 02, 2024--BuzzFeed, Inc. (NASDAQ: BZFD) today announced that its Board of Directors and shareholders approved a 1-for-4 reverse stock split of the company’s Class A common stock, par value $0.0001 per share, and Class B common stock, par value $0.0001 per share, which will be effective at 12:01am EST on May 6, 2024. BuzzFeed’s Class A common stock will continue to be traded on The Nasdaq Capital Market on a split-adjusted basis beginning on May 6, 2024, under the Company’s existing |
BuzzFeed, Inc. to Release First Quarter 2024 Financial Results on Monday, May 13, 2024NEW YORK, April 22, 2024--BuzzFeed, Inc. (NASDAQ: BZFD) today announced plans to release first quarter 2024 financial results on Monday, May 13, 2024 after the market closes. BuzzFeed, Inc. Founder and CEO Jonah Peretti and CFO Matt Omer will host a conference call to discuss the results at 5:00 PM ET. |