Ziff Davis, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 04, 2023 at 04:14 am IST
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Ziff Davis, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 326.02 million compared to USD 337.36 million a year ago. Net income was USD 16.68 million compared to net loss of USD 46.44 million a year ago. Basic earnings per share from continuing operations was USD 0.36 compared to basic loss per share from continuing operations of USD 0.99 a year ago. Diluted earnings per share from continuing operations was USD 0.36 compared to diluted loss per share from continuing operations of USD 0.99 a year ago.
For the six months, sales was USD 633.16 million compared to USD 652.42 million a year ago. Net income was USD 9.05 million compared to net loss of USD 21.9 million a year ago. Basic earnings per share from continuing operations was USD 0.19 compared to basic loss per share from continuing operations of USD 0.47 a year ago. Diluted earnings per share from continuing operations was USD 0.19 compared to diluted loss per share from continuing operations of USD 0.47 a year ago.
Ziff Davis Inc is a United States-based company. The Company operates as a vertically focused digital media and Internet company. Its portfolio includes brands in technology, shopping, gaming and entertainment, connectivity, health and wellness, cybersecurity, martech and among other. Its segments include digital media and cybersecurity and martech. Its Digital Media segment specializes in the technology, shopping, gaming and entertainment, connectivity, and healthcare markets, offering content, tools, and services to consumers and businesses. Its digital media business operates a portfolio of Web properties and applications.
ZIFF DAVIS, INC. 
