BuzzFeed (BZFD) reported Q3 EPS of ($0.19), $0.02 worse than the analyst estimate of ($0.17). Revenue for the quarter came in at $103.7 million versus the consensus estimate of $94.14 million.
- Fourth Quarter 2022 Financial Outlook:
- For the fourth quarter of 2022:
- We expect overall revenues in the range of $129 to $134 million
- We expect Adjusted EBITDA in the range of $12.5 to $17.5 million
- Additionally, we expect stock-based compensation expenses in the range of $3.5 to $4.5 million