BZFD 241220 3.00P (BZFD241220P3000) Stock Options, News & Quotes

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Stock_Drift

Dec 12, 2024 08:32

$Buzzfeed (BZFD.US)$

Jaguar8

Dec 12, 2024 08:20

NEWS

$Buzzfeed (BZFD.US)$
BuzzFeed, Inc. Announces Sale of First We Feast to an Affiliate of Soros Fund Management in $82.5 Million All-Cash Deal
Thursday, 12th December at 9:05 am
Post-Transaction the Company is Operating with a Cash Balance that Exceeds Remaining Debt
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 transac...

13G

$Buzzfeed (BZFD.US)$
SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Verizon Communications Inc.(5.2%),Verizon Business Global LLC(3.4%), etc.

Jaguar8

Nov 13, 2024 03:11

NEWS ER

$Buzzfeed (BZFD.US)$
BuzzFeed, Inc. Delivers Strong Q3 Financial Results
Positive
Net income of $2M vs $(12M) loss in Q3 2023
Revenue grew 7% YoY to $64.3M
Adjusted EBITDA increased to $10.5M from $0.3M YoY
Affiliate commerce revenue grew 53% YoY to $19.6M
Programmatic advertising revenue up 9% YoY to $17.3M
Commerce and other revenues increased 45% YoY to $20.9M
Negative
Content revenue declined 7% YoY to $17.4M
Advertising revenue decreased 3% YoY to $26.1M