Ziff Davis, Inc. ( (ZD) ) has released its Q1 earnings. Here is a breakdown of the information Ziff Davis, Inc. presented to its investors.
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Ziff Davis, Inc. is a digital media and internet company that operates in sectors such as technology, shopping, gaming, health, connectivity, cybersecurity, and martech. The company recently released its financial results for the first quarter of 2025, showing a positive performance that exceeded internal targets. Ziff Davis reported a 4.5% increase in quarterly revenues, reaching $328.6 million, while net income saw a significant rise of 128.1% to $24.2 million. However, income from operations slightly decreased, and adjusted EBITDA also saw a minor decline. The company continued its strategic activities with $39.2 million spent on acquisitions and $34.9 million on share repurchases. Despite challenges in free cash flow, Ziff Davis remains optimistic about its growth prospects for the rest of the year. The management reaffirmed its guidance for 2025, projecting revenues between $1,442 million and $1,502 million, with adjusted EBITDA expected to range from $505 million to $542 million.
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