Ziff Davis Q3 revenue rises 3.7% to $353.6 million; net loss widens on impairment
Ziff Davis reported unaudited third-quarter 2024 revenue of $353.6 million, up 3.7%, and adjusted diluted EPS of $1.64, up 9.3%. GAAP results were weaker: the net loss widened to $48.6 million, or $1.11 per diluted share, including an $85.3 million goodwill impairment. The company reaffirmed its fiscal 2024 guidance.
Key points
- Q3 2024 revenue was $353.6 million, up from $341.0 million. Digital Media rose 5.8% to $283.6 million, while Cybersecurity and Martech fell 4.1% to $70.0 million.
- Net loss was $48.6 million, or $1.11 per diluted share, compared with $31.0 million, or $0.67, in Q3 2023. The period included an $85.3 million goodwill impairment.
- Adjusted diluted EPS rose 9.3% to $1.64 from $1.50, and adjusted EBITDA rose 9.6% to $124.7 million.
- Fiscal 2024 guidance was reaffirmed: revenue of $1.411 billion to $1.471 billion and adjusted EBITDA of $500.0 million to $521.0 million. An earnings call is set for November 8, 2024, at 8:30 a.m. ET.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 07, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.