BuzzFeed Q3 revenue plunges 43.8% to record $18.4 million net loss
BZFD BuzzFeed Inc
$0.46 -15.78%
View chart & analysis → - 1BuzzFeed Inc recorded $26.03 million in revenue for the third quarter.
- 2Revenue for BuzzFeed Inc fell 43.8% year-over-year, leading to deteriorating earnings.
- 3Chairman Byron Allen called this quarter a transitional period.
So what's the key point?
BuzzFeed's third-quarter revenue fell 43.8% compared to last year, resulting in a loss. This means the company's earnings have weakened, making the business situation difficult.
Source Earnings Whispers · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.