Quarterly ResultAug 7, 2026, 06:08 AM
Ziff Davis Q2 Revenue $286.7M; Adj. Diluted EPS $1.03; Connectivity Sale
AI Summary
Ziff Davis, Inc. reported preliminary unaudited financial results for the second quarter ended June 30, 2026. Revenues from continuing operations decreased to $286.7 million, and the company posted a net loss from continuing operations of $(52.2) million, which included a significant goodwill impairment. However, Adjusted diluted EPS increased by 13.2% to $1.03, and free cash flow saw substantial growth. The company also completed the strategic sale of its Connectivity business for approximately $1.216 billion, significantly strengthening its financial position.
Key Highlights
- Completed the sale of its Connectivity business for approximately $1,216.1 million.
- Q2 2026 Revenues from continuing operations decreased 2.7% to $286.7 million.
- Reported operating loss of $(44.7) million, including a $54.8 million goodwill impairment.
- Net loss from continuing operations was $(52.2) million.
- Adjusted diluted EPS increased 13.2% to $1.03.
- Adjusted EBITDA decreased 3.7% to $76.8 million.
- Free cash flow from continuing and discontinued operations increased 100.3% to $54.0 million.
- Deployed $121.5 million related to share repurchases in Q2 2026.
Price Impact
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