BuzzFeed, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2024
Published on 13/03/2025 at 20:05
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BuzzFeed, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2024. For the fourth quarter, the company reported sales was USD 56.2 million compared to USD 70.07 million a year ago. Net income was USD 31.03 million compared to net loss of USD 11.02 million a year ago. Basic loss per share from continuing operations was USD 0.1 compared to basic earnings per share from continuing operations of USD 0.13 a year ago. Diluted loss per share from continuing operations was USD 0.1 compared to diluted earnings per share from continuing operations of USD 0.13 a year ago.
For the full year, sales was USD 189.89 million compared to USD 230.44 million a year ago. Net loss was USD 10.1 million compared to USD 88.58 million a year ago. Basic loss per share from continuing operations was USD 0.91 compared to USD 1.54 a year ago. Diluted loss per share from continuing operations was USD 0.91 compared to USD 1.54 a year ago.
BuzzFeed, Inc. is a digital media company for the diverse, online, and socially connected generations across entertainment, news, food, pop culture and commerce. Its brands drive conversation and inspire what audiences watch, read and buy. Its brands include BuzzFeed, HuffPost, and Tasty. Its flagship BuzzFeed brand has become a go-to authority for curating entertainment, pop culture and the Internet. With articles, lists, quizzes, videos, and original series. HuffPost is a global media platform for news, politics, opinion, entertainment, features, and lifestyle content. Tasty is engaged in the food community on the Internet, pioneering the overhead video format that is across food brands, and is a platform for food creators. It provides its advertising customers with an array of offerings, including display, programmatic, and video advertising inventory to target users on its owned and operated sites, applications, and third-party platforms.
