NASDAQ$ZD

Ziff Davis, Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Ziff Davis reported a revenue decrease of 3.7% and an increase in GAAP net income from continuing operations.

Ziff Davis reported Q3 2022 results with a revenue of $341.9 million, a decrease of 3.7% compared to Q3 2021. GAAP net income increased to $18.2 million. The company revised its full year 2022 guidance for revenue, Adjusted EBITDA and Adjusted non-GAAP diluted EPS.

  • Q3 2022 quarterly revenues decreased 3.7% to $341.9 million compared to $355.1 million for Q3 2021.
  • GAAP net income from continuing operations increased to $18.2 million compared to $6.8 million for Q3 2021.
  • Adjusted non-GAAP net income from continuing operations increased by 6.0% to $74.3 million as compared to $70.1 million for Q3 2021.
  • Adjusted EBITDA for the quarter increased 0.3% to $120.1 million compared to $119.7 million for Q3 2021.

Headline financials

Total Revenue

$342M

Previous: $444M-23.0%
EPS (adj)

$1.58

Previous: $2.34-32.5%
Capital Expenditures

-$80.8M

Previous: -$87.5M+7.7%
Free Cash Flow

-$62.6M

Previous: -$44.9M-39.3%
Net Income

$18.2M

Previous: $42.6M-57.3%
Operating Income

$29M

Previous: $96.1M-69.8%
Gross Profit

$289M

Previous: $380M-23.9%
Cash & Equivalents

$622M

Previous: $546M+13.8%
Total Assets

$3.43B

Previous: $3.83B-10.4%
Stock-Based Comp

$6.39M

Previous: $6.76M-5.5%

Revenue & EPS history

Ziff Davis · Revenue · Quarterly

$342M

Q3 2022-23%vs Q3 2021
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Forward guidance

The Company is revising its guidance for Revenue, Adjusted EBITDA and Adjusted non-GAAP diluted EPS for the fiscal year 2022.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2022

Historical avgQ3 2022

+0.9%

Avg return

Earnings day

+1.0%

Avg return

5 days after

+2.7%

Avg return

30 days after

49%

33 / 68 earnings

Positive

+20.4%

Q3 2024

Best reaction

-15.1%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-5.3%-6.5%
Q4 2025-15.1%-8.4%+46.6%
Q3 2025-2.3%-3.3%+5.5%
Q1 2025-4.6%+3.3%+2.8%
Q4 2024-9.5%-15.9%-19.7%
Q3 2024+20.4%+18.0%+19.2%
Q2 2024+3.6%+6.3%+16.4%
Q1 2024-2.4%+4.2%+3.7%
Q4 2023+5.2%+7.2%-3.0%
Q3 2023-0.4%+8.2%+3.7%
Q2 2023-3.0%-6.5%-5.7%
Q1 2023-1.9%-1.8%+1.4%
Q4 2022+0.1%-0.6%-7.7%
Q3 2022+17.3%+17.6%+16.3%
Q2 2022+0.0%+1.4%-6.9%
Q1 2022-2.7%-11.5%-13.5%
Q4 2021+5.1%+4.2%-3.1%
Q3 2021-1.9%+1.7%-16.6%
Q2 2021-2.3%-3.7%-3.7%
Q1 2021+3.7%+4.4%+8.2%
Q4 2020-0.2%+2.6%+11.0%
Q3 2020+4.0%+7.5%+24.4%
Q2 2020+3.3%+16.2%+17.0%
Q1 2020+5.7%-6.6%+5.0%
Q4 2019-2.9%-1.0%-16.7%
Q3 2019-0.9%+3.3%+1.8%
Q2 2019-1.8%-0.2%+7.7%
Q1 2019+1.9%+2.2%-3.2%
Q4 2018+10.8%+14.2%+15.1%
Q3 2018+4.6%+3.7%-0.2%
Q2 2018-6.1%-4.0%-5.3%
Q1 2018+4.8%+3.6%+3.7%
Q4 2017-1.2%-4.6%+8.2%
Q3 2017+2.2%+0.4%+0.6%
Q2 2017-6.7%-7.5%-10.1%
Q1 2017-1.8%-6.4%-6.6%
Q4 2016+3.1%-0.6%+1.0%
Q3 2016-5.1%-4.6%+4.0%
Q2 2016+2.4%+2.1%+2.0%
Q1 2016+2.6%
Q4 2015+17.5%
Q3 2015-0.5%
Q2 2015+6.4%
Q1 2015-1.1%
Q4 2014+10.5%
Q3 2014+1.7%
Q2 2014+1.9%
Q1 2014+5.2%
Q4 2013+6.7%
Q3 2013-9.1%
Q2 2013+4.6%
Q1 2013-7.7%
Q4 2012+14.8%
Q3 2012+1.9%
Q2 2012-1.3%
Q1 2012+2.1%
Q4 2011-3.3%
Q3 2011-3.1%
Q2 2011-2.8%
Q1 2010+1.5%
Q1 2011-0.4%
Q4 2008-1.0%
Q4 2010-1.0%
Q3 2009+2.1%
Q3 2010+2.1%
Q4 2009-2.9%
Q2 2009-2.9%
Q2 2010-2.9%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro