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Ziff Davis Reports Third Quarter 2025 Financial Results and Reaffirms 2025 Guidance

ZD
  • Ziff Davis reported Q3 2025 revenues of $363.7 million, a 2.9% increase compared to $353.6 million in Q3 2024.
  • The company engaged outside advisors to evaluate value-creating opportunities, including potential sales of entire divisions, though no final decisions have been made.
  • Operating income improved 197.0% to $28.4 million in Q3 2025 from a loss of $29.3 million in Q3 2024.
  • Net loss narrowed significantly to $3.6 million in Q3 2025 from $48.6 million in Q3 2024.
  • Goodwill impairment was $17.6 million in Q3 2025, down from $85.3 million in Q3 2024.
  • Adjusted net income decreased slightly to $71.5 million in Q3 2025 from $72.1 million in Q3 2024.
  • Adjusted diluted EPS increased 7.3% to $1.76 in Q3 2025 compared to $1.64 in Q3 2024.
  • Free cash flow for the quarter was $108.2 million, up from $80.1 million in the prior year period.
  • Health & Wellness segment revenue grew 12.7% to $102.3 million, while Technology & Shopping and Gaming & Entertainment segments saw declines of 2.2% and 4.3% respectively.
  • The company deployed $44.4 million for share repurchases during Q3 2025.
  • Ziff Davis reaffirmed its full-year 2025 guidance with revenue estimates between $1.442 billion and $1.502 billion.
  • A conference call to discuss these results is scheduled for November 7, 2025, at 8:30 AM ET.
  • The company intends to continue its share repurchase program while exploring potential divestitures.