ZD

Ziff Davis Completes One Acquisition in Q1 2024

Retrieved on: 
Wednesday, April 3, 2024

Ziff Davis, Inc. (NASDAQ: ZD) announced today that it completed one acquisition in the first quarter of 2024.

Key Points: 
  • Ziff Davis, Inc. (NASDAQ: ZD) announced today that it completed one acquisition in the first quarter of 2024.
  • The acquisition listed below grows Ziff Davis’ global customer base, provides access to new markets and expands the company’s product lineup.
  • Terms of the individual acquisition were not disclosed, and the financial impact to Ziff Davis is not expected to be material with respect to the acquisition.

Tornante Company and Madison Dearborn Partners Sell TDS Gift Cards to Ziff Davis

Retrieved on: 
Thursday, February 22, 2024

Michael D. Eisner’s Tornante Company and Madison Dearborn Partners (“MDP”) today announced that they have sold TDS Gift Cards to Ziff Davis (Nasdaq: ZD) in an all-cash transaction.

Key Points: 
  • Michael D. Eisner’s Tornante Company and Madison Dearborn Partners (“MDP”) today announced that they have sold TDS Gift Cards to Ziff Davis (Nasdaq: ZD) in an all-cash transaction.
  • The sale marks the last piece of the former Topps companies portfolio, which was owned by Tornante Company and funds affiliated with MDP, to be sold, and ends a partnership that began in 2007.
  • “This all started with reading an article about Topps back in 2007 that sparked our interest in the company.
  • Madison Dearborn Partners, LLC is a leading private equity investment firm based in Chicago.

Ziff Davis Reports Fourth Quarter and Full Year 2023 Financial Results and Provides 2024 Guidance

Retrieved on: 
Wednesday, February 21, 2024

Ziff Davis, Inc. (NASDAQ: ZD) (“Ziff Davis” or “the Company”) today reported unaudited financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • Ziff Davis, Inc. (NASDAQ: ZD) (“Ziff Davis” or “the Company”) today reported unaudited financial results for the fourth quarter and year ended December 31, 2023.
  • Q4 2023 quarterly revenues decreased 1.7% to $389.9 million compared to $396.7 million for Q4 2022.
  • Net income from continuing operations(1) decreased 8.3% to $63.4 million compared to $69.2 million for Q4 2022.
  • Adjusted EBITDA(2) for the quarter decreased 0.4% to $167.6 million compared to $168.3 million for Q4 2022.

Ziff Davis to Announce Fourth Quarter and Year-End 2023 Earnings

Retrieved on: 
Wednesday, January 31, 2024

Ziff Davis, Inc. (NASDAQ: ZD) will release its Fourth Quarter and Year-End 2023 Earnings at 6:00PM ET on Wednesday, February 21, 2024.

Key Points: 
  • Ziff Davis, Inc. (NASDAQ: ZD) will release its Fourth Quarter and Year-End 2023 Earnings at 6:00PM ET on Wednesday, February 21, 2024.
  • Additionally, Ziff Davis invites the public, members of the press, the financial community, stockholders, and other interested parties to listen to a live audio Webcast of its Fourth Quarter and Year-End 2023 Earnings Call at 8:30AM ET on Thursday, February 22, 2024.
  • Vivek Shah, Chief Executive Officer, and Bret Richter, Chief Financial Officer, will host the call.
  • If you are unable to join the live call/webcast, the audio recording and presentation materials will be archived at www.ziffdavis.com .

Neville Ray Appointed to Ziff Davis Board of Directors

Retrieved on: 
Wednesday, January 10, 2024

Ziff Davis, Inc. (NASDAQ: ZD), today announced the appointment of Neville Ray to its Board of Directors, effective immediately.

Key Points: 
  • Ziff Davis, Inc. (NASDAQ: ZD), today announced the appointment of Neville Ray to its Board of Directors, effective immediately.
  • “We are delighted to welcome Neville to our Board of Directors,” said Ziff Davis Board Chair Sarah Fay.
  • “Neville’s extensive experience deploying wireless networks and overseeing technology operations at top companies in the telecom industry make him a valuable addition to our Board,” said Ziff Davis CEO Vivek Shah.
  • "I am thrilled to join the Board of Ziff Davis, and I look forward to working with Vivek and the full Ziff Davis team across its impressive roster of brands,” Ray said.

Ziff Davis to Participate in One Investor Conference in December

Retrieved on: 
Monday, November 20, 2023

Ziff Davis, Inc. (NASDAQ: ZD), today announced its participation in one investor conference in December.

Key Points: 

Ziff Davis, Inc. (NASDAQ: ZD), today announced its participation in one investor conference in December.
Details of the conference are as follows:

Kirk McDonald Appointed to Ziff Davis Board of Directors

Retrieved on: 
Thursday, November 16, 2023

Ziff Davis, Inc. (NASDAQ: ZD), today announced the appointment of Kirk McDonald to its Board of Directors, effective November 15, 2023.

Key Points: 
  • Ziff Davis, Inc. (NASDAQ: ZD), today announced the appointment of Kirk McDonald to its Board of Directors, effective November 15, 2023.
  • “We are thrilled to welcome Kirk to our Board of Directors,” said Ziff Davis Board Chair Sarah Fay.
  • "I am delighted to be joining the Ziff Davis Board of Directors,” McDonald said.
  • “I look forward to working with Vivek and the entire Ziff Davis team across its portfolio of leading brands.”

Ziff Davis Reports Third Quarter 2023 Financial Results and Reaffirms 2023 Guidance

Retrieved on: 
Wednesday, November 8, 2023

Ziff Davis, Inc. (NASDAQ: ZD) (“Ziff Davis” or “the Company”) today reported unaudited financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Ziff Davis, Inc. (NASDAQ: ZD) (“Ziff Davis” or “the Company”) today reported unaudited financial results for the third quarter ended September 30, 2023.
  • Q3 2023 quarterly revenues decreased 0.3% to $341.0 million compared to $341.9 million for Q3 2022.
  • Ziff Davis ended the quarter with approximately $830.6 million in cash, cash equivalents, and investments after deploying approximately $44.6 million primarily related to share repurchases.
  • The following table reflects results for the three and nine months ended September 30, 2023 and 2022, respectively (in millions, except per share amounts).