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    BuzzFeed, Inc. Reports Q1 2025 Results and Continues to Advance High-Margin Revenue Lines and Strategy for Long-Term Growth

    5/7/25 9:00:00 AM ET
    $BZFD
    Telecommunications Equipment
    Consumer Discretionary
    Get the next $BZFD alert in real time by email

    Company Taps AI to Amplify Human Creativity, Audience Engagement, and Efficiency Tools Across Publishing Business

    BuzzFeed, Inc. ("BuzzFeed" or the "Company") (NASDAQ:BZFD) today announced its financial results for the quarter ended March 31, 2025. The Company continued to execute on its strategy to improve profitability, expand scalable, high-margin revenue streams, and invest in future-oriented innovation.

    "This quarter reflects the strength of our core publishing business and the momentum we're building with AI-assisted tools," said Jonah Peretti, BuzzFeed Founder and CEO. "Editorial output increased this quarter, and a new AI tool we're piloting improved pageviews per article by an average of 25%. We're also seeing new user behaviors emerge as audiences engage with AI-powered creation formats on BuzzFeed, and we're excited to build on that with the development of BF Island."

    "We started 2025 with strong execution and continued margin improvement," said Matt Omer, BuzzFeed CFO. "Affiliate commerce and programmatic advertising remain our most efficient revenue streams, both growing again this quarter. Importantly, both net loss from continuing operations and Adjusted EBITDA1 improved relative to the year-ago period, above and beyond the cost savings from the Q1 2024 restructuring. We're confident in our roadmap for disciplined investment in innovation, while strengthening our foundation for long-term, sustainable growth."

    First Quarter 2025 Financial and Operational Highlights for Continuing Operations2

    • Total revenue was $36.0 million, compared to $37.0 million in Q1 2024, which includes the expected decline in our lower-margin, direct-sold business.
      • Advertising revenue grew to $21.4 million, compared to $20.9 million in Q1 2024.
        • This was driven by a $2.5 million increase in programmatic revenue, which offset a $2.1 million decline in direct-sold ads.
      • Content revenue declined to $4.4 million, from $6.7 million in Q1 2024.
        • This was driven by a $3.2 million decline in direct-sold content deals, partially offset by a $0.9 million increase in studio (reflecting variability based on project timing).
      • Commerce and other revenue increased to $10.2 million, compared to $9.3 million in Q1 2024.
        • This was supported by a $1.0 million increase in organic affiliate commerce.
    • Net loss from continuing operations improved to $12.5 million, from $27.0 million in Q1 2024, largely reflecting benefits from the Company's 2024 restructuring.
    • Adjusted EBITDA loss improved to $5.9 million, from $14.4 million in Q1 2024, a year-over-year improvement of $8.5 million.
    • Time Spent3 across BuzzFeed's properties modestly increased to 67.9 million hours, compared to 67.3 million hours in Q1 2024, demonstrating consistent audience engagement.
      • BuzzFeed.com ranks as the #1 individual media brand in the US for time spent — surpassing every individual competitor from any major digital or legacy media group. This holds true for both total Time Spent as well as Time Spent by Gen Z and Millennial audiences.
      • BuzzFeed.com reached 32.9 million hours in Q1 2025, a 7% year-over-year increase.

    Business and Content Highlights

    • Both programmatic advertising and affiliate commerce delivered year-over-year growth for the fourth consecutive quarter.
    • Organic affiliate commerce continues to be a growth engine, powered by strong product discovery experiences and contextual integration across BuzzFeed's owned and operated properties.
    • BuzzFeed continues to shift toward direct audience relationships: the majority (62%) of US BuzzFeed.com traffic now comes from direct visits, internal referrals, and app activity — reducing reliance on social platforms and increasing resilience to algorithm changes.

    Confirming Full Year 2025 Financial Outlook

    • Revenue expected in the range of $195 million to $210 million, representing 3–10% growth year-over-year.
    • Adjusted EBITDA expected in the range of $10 million to $20 million, an improvement of approximately $10 million year-over-year at the midpoint.

    These statements are forward-looking and actual results may differ materially as a result of many factors. Refer to "Forward-Looking Statements" below for information on factors that could cause our actual results to differ materially from these forward-looking statements.

    Refer to "Non-GAAP Financial Measures" below for a description of how Adjusted EBITDA is calculated. While Adjusted EBITDA is a non-GAAP financial measure, we have not provided guidance for the most directly comparable GAAP financial measure — net income (loss) from continuing operations — due to the inherent difficulty in forecasting and quantifying certain amounts that are necessary to forecast such a measure. Accordingly, a reconciliation of non-GAAP guidance for Adjusted EBITDA to the corresponding GAAP measure is not available.

    Quarterly Conference Call

    BuzzFeed's management team will hold a conference call to discuss our first quarter 2025 results today, May 7, at 2:00 PM ET. The call will be available via webcast at investors.buzzfeed.com under the heading News and Events, and parties interested in participating must register at the same location. While it is not required, it is recommended you join 5 minutes prior to the event start time. A replay of the call will be made available at the same URL.

    We have used, and intend to continue to use, the Investor Relations section of our website at investors.buzzfeed.com as a means of disclosing material nonpublic information and for complying with our disclosure obligations under Regulation FD.

    Definitions

    BuzzFeed reports revenues across three primary business lines: Advertising, Content, and Commerce and other. The definition of "Time Spent" is also set forth below.

    • Advertising revenues are primarily generated from advertisers, both programmatically and directly, for ads distributed against our editorial and news content, including display, pre-roll, and mid-roll video products. We distribute these ad products across our owned and operated sites as well as third-party platforms, primarily YouTube and Apple News.
    • Content revenues are primarily generated from clients for custom assets, including both long-form and short-form content, from branded quizzes to Instagram takeovers to sponsored content. Studio generally includes revenue from films, content licensing, TV projects, and other projects inspired by BuzzFeed IP.
    • Commerce and other revenues consist primarily of affiliate commissions earned on transactions initiated from our editorial shopping content. Revenues from our product licensing businesses are also included here.
    • Time Spent captures the time audiences spend engaging with our content across our owned and operated sites, as well as YouTube and Apple News, as measured by Comscore. This metric excludes time spent with our content on platforms for which we have minimal advertising capabilities that contribute to our advertising revenues, including Instagram, TikTok, Facebook, Snapchat, and X (formerly Twitter). There are inherent challenges in measuring the total actual number of hours spent with our content across all platforms; however, we consider the data reported by Comscore to represent industry-standard estimates of the time actually spent on our largest distribution platforms with our most significant monetization opportunities.

    About BuzzFeed, Inc.

    BuzzFeed, Inc. is home to the best of the internet. Across entertainment, news, food, pop culture, and commerce, our brands drive conversation and inspire what audiences watch, read, and buy now—and into the future. Born on the internet in 2006, BuzzFeed is committed to making it better: providing trusted, quality, brand-safe news and entertainment to hundreds of millions of people; making content on the Internet more inclusive, empathetic, and creative; and inspiring our audience to live better lives.

    Non-GAAP Financial Measures

    Adjusted EBITDA and Adjusted EBITDA margin are non-GAAP financial measures and represent key metrics used by management and our board of directors to measure the operational strength and performance of our business, to establish budgets, and to develop operational goals for managing our business. We define Adjusted EBITDA as net loss from continuing operations, excluding the impact of net income (loss) attributable to noncontrolling interests, income tax provision, interest expense, net, other (income) expense, net, depreciation and amortization, stock-based compensation, change in fair value of warrant liabilities, restructuring costs, and other non-cash and non-recurring items that management believes are not indicative of ongoing operations. Adjusted EBITDA margin is calculated by dividing Adjusted EBITDA by revenue for the same period.

    We believe Adjusted EBITDA and Adjusted EBITDA margin are relevant and useful information for investors because they allow investors to view performance in a manner similar to the method used by our management. There are limitations to the use of Adjusted EBITDA and Adjusted EBITDA margin, and our Adjusted EBITDA and Adjusted EBITDA margin may not be comparable to similarly titled measures of other companies. Other companies, including companies in our industry, may calculate non-GAAP financial measures differently than we do, limiting the usefulness of those measures for comparative purposes.

    Adjusted EBITDA and Adjusted EBITDA margin should not be considered a substitute for measures prepared in accordance with GAAP. Reconciliations of non-GAAP financial measures to the most directly comparable financial results as determined in accordance with GAAP are included at the end of this press release following the accompanying financial data.

    Forward-Looking Statements

    Certain statements in this press release may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. Our forward-looking statements include, but are not limited to, statements regarding our management team's expectations, hopes, beliefs, intentions, or strategies regarding the future. In addition, any statements that refer to projections, forecasts (including our outlook for 2025), or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words "affect," "anticipate," "believe," "can," "contemplate," "continue," "could," "estimate," "expect," "forecast," "intend," "may," "might," "plan," "possible," "potential," "predict," "project," "seek," "should," "target," "will," "would," and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements contained in this press release are based on current expectations and beliefs concerning future developments and their potential effects on us. There can be no assurance that future developments affecting us will be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to: (1) macroeconomic factors including: adverse economic conditions in the United States and globally, including the potential onset of recession; potential government shutdowns or failure to raise the U.S. federal debt ceiling; current global supply chain disruptions; the ongoing conflicts between Russia and Ukraine and between Israel and Hamas and any related sanctions and geopolitical tensions, and further escalation of trade tensions between the U.S. and its trading partners; tariffs; the inflationary environment; and the competitive labor market; (2) developments relating to our competitors and the digital media industry, including overall demand of advertising in the markets in which we operate; (3) demand for our products and services or changes in traffic or engagement with our brands and content; (4) changes in the business and competitive environment in which we and our current and prospective partners and advertisers operate; (5) our future capital requirements, including, but not limited to, our ability to obtain additional capital in the future, to repurchase our $29.7 million aggregate principal amount of unsecured convertible notes due 2026 (i.e., the "Notes") upon a fundamental change such as the delisting of our Class A common stock, at their maturity, or upon the holders of the Notes requiring repayment of their Notes on or after May 31, 2025, any restrictions imposed by, or commitments under, the indenture governing the Notes or agreements governing any future indebtedness, and any restrictions on our ability to access our cash and cash equivalents; (6) developments in the law and government regulation, including, but not limited to, revised foreign content and ownership regulations, and the outcomes of legal proceedings, regulatory disputes, or governmental investigations to which we are subject; (7) the benefits of our restructuring; (8) our success divesting of companies, assets, or brands we sell, or in integrating and supporting the companies we acquire; (9) our success in launching new products or platforms, including any new social media platform; (10) technological developments including artificial intelligence; (11) our success in retaining or recruiting, or changes required in, officers, other key employees or directors; (12) use of content creators and on-camera talent and relationships with third parties managing certain of our branded operations outside of the United States; (13) the security of our information technology systems or data; (14) disruption in our service, or by our failure to timely and effectively scale and adapt our existing technology and infrastructure; (15) our ability to maintain the listing of our Class A common stock and warrants on The Nasdaq Stock Market LLC; and (16) those factors described under the sections entitled "Risk Factors" in the Company's annual and quarterly filings with the Securities and Exchange Commission.

    Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. There may be additional risks that we consider immaterial or which are unknown. It is not possible to predict or identify all such risks. We do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities laws.

    ________________________________

    1 As used throughout, Adjusted EBITDA is a non-GAAP financial measure. Refer to "Non-GAAP Financial Measures" above for a description of how it is calculated and the tables at the back of this earnings release for a reconciliation of our GAAP and non-GAAP financial results.

    2 The historical financial results of Complex Networks and First We Feast have been reflected as discontinued operations in our condensed consolidated financial statements. Amounts presented throughout this earnings release are on a continuing operations basis.
    3 Refer to the definition of "Time Spent" above.

    BUZZFEED, INC.

    Financial Highlights

    (Unaudited, dollars in thousands)

     
    Three Months Ended March 31,

    2025

    2024

    %Change
    Advertising

    $

    21,387

     

    $

    20,944

     

    2

    %

    Content

     

    4,424

     

     

    6,735

     

    (34

    )%

    Commerce and other

     

    10,210

     

     

    9,330

     

    9

    %

    Total revenue

    $

    36,021

     

    $

    37,009

     

    (3

    )%

    Loss from continuing operations

    $

    (13,742

    )

    $

    (23,466

    )

    41

    %

    Net loss from continuing operations

    $

    (12,461

    )

    $

    (26,950

    )

    54

    %

    Adjusted EBITDA

    $

    (5,894

    )

    $

    (14,367

    )

    59

    %

    BUZZFEED, INC.

    Condensed Consolidated Balance Sheets

    (Unaudited, dollars and shares in thousands, except per share amounts)

     
    March 31, 2025

    (Unaudited)
    December 31,

    2024
    Assets
    Current assets
    Cash and cash equivalents

    $

    34,326

     

    $

    38,648

     

    Accounts receivable (net of allowance for doubtful accounts of $910 as at March 31, 2025 and $1,039 as at December 31, 2024)

     

    36,455

     

     

    48,944

     

    Prepaid expenses and other current assets

     

    17,248

     

     

    13,294

     

    Total current assets

     

    88,029

     

     

    100,886

     

    Property and equipment, net

     

    5,023

     

     

    6,195

     

    Right-of-use assets

     

    23,914

     

     

    28,562

     

    Capitalized software costs, net

     

    22,950

     

     

    22,653

     

    Intangible assets, net

     

    12,387

     

     

    11,751

     

    Goodwill

     

    43,304

     

     

    43,304

     

    Prepaid expenses and other assets

     

    7,642

     

     

    8,047

     

    Total assets

    $

    203,249

     

    $

    221,398

     

    Liabilities and Stockholders' Equity
    Current liabilities
    Accounts payable

    $

    7,314

     

    $

    14,251

     

    Accrued expenses

     

    22,212

     

     

    18,881

     

    Deferred revenue

     

    2,729

     

     

    555

     

    Accrued compensation

     

    13,546

     

     

    11,668

     

    Current lease liabilities

     

    21,423

     

     

    22,084

     

    Current debt

     

    23,690

     

     

    25,518

     

    Other current liabilities

     

    5,182

     

     

    3,879

     

    Total current liabilities

     

    96,096

     

     

    96,836

     

    Noncurrent lease liabilities

     

    9,929

     

     

    15,138

     

    Warrant liabilities

     

    543

     

     

    1,778

     

    Other liabilities

     

    389

     

     

    704

     

    Total liabilities

     

    106,957

     

     

    114,456

     

    Commitments and contingencies
    Stockholders' equity
    Class A common stock, $0.0001 par value; 700,000 shares authorized; 37,182 and 37,025 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively

     

    3

     

     

    3

     

    Class B common stock, $0.0001 par value; 20,000 shares authorized; 1,343 and 1,343 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively

     

    1

     

     

    1

     

    Additional paid-in capital

     

    731,734

     

     

    730,369

     

    Accumulated deficit

     

    (634,535

    )

     

    (621,864

    )

    Accumulated other comprehensive loss

     

    (3,407

    )

     

    (3,735

    )

    Total BuzzFeed, Inc. stockholders' equity

     

    93,796

     

     

    104,774

     

    Noncontrolling interests

     

    2,496

     

     

    2,168

     

    Total stockholders' equity

     

    96,292

     

     

    106,942

     

    Total liabilities and stockholders' equity

    $

    203,249

     

    $

    221,398

     

    BUZZFEED, INC.

    Condensed Consolidated Statements of Operations

    (Unaudited, dollars and shares in thousands, except per share amounts)

     
    Three Months Ended March 31,

    2025

    2024

    Revenue

    $

    36,021

     

    $

    37,009

     

    Costs and expenses
    Cost of revenue, excluding depreciation and amortization

     

    23,492

     

     

    27,139

     

    Sales and marketing

     

    4,258

     

     

    8,378

     

    General and administrative

     

    14,362

     

     

    16,249

     

    Research and development

     

    3,066

     

     

    3,230

     

    Depreciation and amortization

     

    4,585

     

     

    5,479

     

    Total costs and expenses

     

    49,763

     

     

    60,475

     

    Loss from continuing operations

     

    (13,742

    )

     

    (23,466

    )

    Other income (expense), net

     

    1,298

     

     

    (556

    )

    Interest expense, net

     

    (1,171

    )

     

    (2,209

    )

    Change in fair value of warrant liabilities

     

    1,234

     

     

    (37

    )

    Loss from continuing operations before income taxes

     

    (12,381

    )

     

    (26,268

    )

    Income tax provision

     

    80

     

     

    682

     

    Net loss from continuing operations

     

    (12,461

    )

     

    (26,950

    )

    Net loss from discontinued operations, net of tax

     

    -

     

     

    (8,832

    )

    Net loss

     

    (12,461

    )

     

    (35,782

    )

    Less: net income (loss) attributable to noncontrolling interests

     

    210

     

     

    (53

    )

    Net loss attributable to BuzzFeed, Inc.

    $

    (12,671

    )

    $

    (35,729

    )

    Net loss from continuing operations attributable to holders of Class A and Class B common stock:
    Basic and diluted

    $

    (12,671

    )

    $

    (26,897

    )

    Net loss from continuing operations per Class A and Class B common share:
    Basic and diluted

    $

    (0.33

    )

    $

    (0.74

    )

    Weighted average common shares outstanding:
    Basic and diluted

     

    38,683

     

     

    36,578

     

    BUZZFEED, INC.

    Condensed Consolidated Statements of Cash Flows

    (Unaudited, USD in thousands)

     
    Three Months Ended March 31,

    2025

    2024

    Operating activities:
    Net loss

    $

    (12,461

    )

    $

    (35,782

    )

    Less: net loss from discontinued operations, net of tax

     

    -

     

     

    8,832

     

    Net loss from continuing operations

     

    (12,461

    )

     

    (26,950

    )

    Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
    Depreciation and amortization

     

    4,585

     

     

    5,479

     

    Unrealized gain foreign currency

     

    (501

    )

     

    (46

    )

    Stock based compensation

     

    1,377

     

     

    704

     

    Change in fair value of warrants

     

    (1,234

    )

     

    37

     

    Amortization of debt discount and deferred issuance costs

     

    546

     

     

    489

     

    Deferred income tax

     

    3

     

     

    493

     

    Provision for doubtful accounts

     

    (129

    )

     

    (74

    )

    Non-cash lease expense

     

    4,716

     

     

    4,261

     

    Changes in operating assets and liabilities:
    Accounts receivable

     

    13,131

     

     

    28,912

     

    Prepaid expenses and other current assets

     

    (3,163

    )

     

    1,085

     

    Accounts payable

     

    (6,886

    )

     

    (23,184

    )

    Accrued compensation

     

    1,372

     

     

    6,253

     

    Accrued expenses, other current liabilities, and other liabilities

     

    4,277

     

     

    3,315

     

    Lease liabilities

     

    (5,952

    )

     

    (5,115

    )

    Deferred revenue

     

    1,663

     

     

    488

     

    Cash provided by (used in) operating activities from continuing operations

     

    1,344

     

     

    (3,853

    )

    Cash used in operating activities from discontinued operations

     

    -

     

     

    (9,446

    )

    Cash provided by (used in) operating activities from continuing operations

     

    1,344

     

     

    (13,299

    )

    Investing activities:
    Capital expenditures

     

    (388

    )

     

    (88

    )

    Capitalization of internal-use software

     

    (3,128

    )

     

    (3,330

    )

    Business combination, net of cash acquired

     

    (233

    )

     

    -

     

    Proceeds from sale of asset

     

    300

     

     

    -

     

    Cash used in investing activities from continuing operations

     

    (3,449

    )

     

    (3,418

    )

    Cash provided by investing activities from discontinued operations

     

    -

     

     

    108,575

     

    Cash (used in) provided by investing activities

     

    (3,449

    )

     

    105,157

     

    Financing activities:
    Payment for shares withheld for employee taxes

     

    (25

    )

     

    -

     

    Borrowings on Revolving Credit Facility

     

    -

     

     

    (33,837

    )

    Payment of consent solicitation fees

     

    (2,089

    )

     

    -

     

    Payment on Convertible Notes

     

    (285

    )

     

    (30,900

    )

    Proceeds from the issuance of common stock in connection with the at-the-market offering, net of issuance costs

     

    (55

    )

     

    -

     

    Payment of early termination fee for Revolving Credit Facility

     

    -

     

     

    (500

    )

    Payment of deferred issuance costs

     

    -

     

     

    (591

    )

    Cash used in financing activities

     

    (2,454

    )

     

    (65,828

    )

    Effect of currency translation on cash and cash equivalents

     

    237

     

     

    (160

    )

    Net (decrease) increase in cash and cash equivalents

     

    (4,322

    )

     

    25,870

     

    Cash and cash equivalents at beginning of period

     

    38,648

     

     

    35,637

     

    Cash and cash equivalents and restricted cash at end of period

    $

    34,326

     

    $

    61,507

     

    BUZZFEED, INC.

    Reconciliation of GAAP to Non-GAAP

    (Unaudited, USD in thousands)

     
    Three Months Ended March 31,

    2025

    2024

    Net loss from continuing operations

    $

    (12,461

    )

    $

    (26,950

    )

    Income tax provision

     

    80

     

     

    682

     

    Interest expense, net

     

    1,171

     

     

    2,209

     

    Other (income) expense, net

     

    (1,298

    )

     

    556

     

    Depreciation and amortization

     

    4,585

     

     

    5,479

     

    Stock-based compensation

     

    1,377

     

     

    704

     

    Change in fair value of warrant liabilities

     

    (1,234

    )

     

    37

     

    Restructuring(1)

     

    1,886

     

     

    2,916

     

    Adjusted EBITDA

    $

    (5,894

    )

    $

    (14,367

    )

    Adjusted EBITDA margin

     

    (16.4

    )%

     

    (38.8

    )%

    Net loss from continuing operations as a percentage of revenue(2)

     

    (34.6

    )%

     

    (72.8

    )%

     

    ________________________________

    (1) We exclude restructuring expenses from our non-GAAP measures because we believe they do not reflect expected future operating expenses, they are not indicative of our core operating performance, and they are not meaningful in comparison to our past operating performance.

    (2) Net loss from continuing operations as a percentage of revenue is included as the most comparable GAAP measure to Adjusted EBITDA margin, which is a Non-GAAP measure

     

    View source version on businesswire.com: https://www.businesswire.com/news/home/20250506032401/en/

    Media Contact: [email protected]

    Investor Relations: [email protected]

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    Recent Analyst Ratings for
    $BZFD

    DatePrice TargetRatingAnalyst
    11/22/2022$3.00 → $2.00Outperform → Market Perform
    Cowen
    8/11/2022$4.50 → $2.00Neutral → Underperform
    BofA Securities
    2/4/2022$5.00Neutral
    BofA Securities
    1/12/2022$7.50Buy
    Craig Hallum
    1/10/2022$7.00Outperform
    Cowen
    More analyst ratings

    $BZFD
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

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    • Large owner Kerins Patrick J sold $798,006 worth of shares (362,966 units at $2.20) (SEC Form 4)

      4 - BuzzFeed, Inc. (0001828972) (Issuer)

      3/14/25 6:02:04 PM ET
      $BZFD
      Telecommunications Equipment
      Consumer Discretionary
    • Large owner New Enterprise Associates 13 Lp sold $798,006 worth of shares (362,966 units at $2.20) (SEC Form 4)

      4 - BuzzFeed, Inc. (0001828972) (Issuer)

      3/14/25 5:58:58 PM ET
      $BZFD
      Telecommunications Equipment
      Consumer Discretionary
    • Large owner Kerins Patrick J sold $96,222 worth of shares (47,477 units at $2.03) (SEC Form 4)

      4 - BuzzFeed, Inc. (0001828972) (Issuer)

      3/11/25 7:25:29 PM ET
      $BZFD
      Telecommunications Equipment
      Consumer Discretionary

    $BZFD
    Press Releases

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    • HuffPost Celebrates 20 Years Of Groundbreaking Digital-First Journalism

      Award-Winning News Organization Unveils Updated Logo to Mark 20 Years of Fearless Journalism Today, HuffPost, the award-winning online news organization steeped in fair and fearless reporting, proudly celebrates its 20th anniversary as a groundbreaking digital-first site. Founded in 2005 as The Huffington Post, the platform has grown from a pioneering blog-based news site into a must-read global voice for news, politics, culture, and personal stories. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250509319711/en/ Launched in New York City by Arianna Huffington, Jonah Peretti, Kenneth Lerer, and a team of forward-thinking journa

      5/9/25 10:00:00 AM ET
      $BZFD
      Telecommunications Equipment
      Consumer Discretionary
    • BuzzFeed, Inc. Reports Q1 2025 Results and Continues to Advance High-Margin Revenue Lines and Strategy for Long-Term Growth

      Company Taps AI to Amplify Human Creativity, Audience Engagement, and Efficiency Tools Across Publishing Business BuzzFeed, Inc. ("BuzzFeed" or the "Company") (NASDAQ:BZFD) today announced its financial results for the quarter ended March 31, 2025. The Company continued to execute on its strategy to improve profitability, expand scalable, high-margin revenue streams, and invest in future-oriented innovation. "This quarter reflects the strength of our core publishing business and the momentum we're building with AI-assisted tools," said Jonah Peretti, BuzzFeed Founder and CEO. "Editorial output increased this quarter, and a new AI tool we're piloting improved pageviews per article by an av

      5/7/25 9:00:00 AM ET
      $BZFD
      Telecommunications Equipment
      Consumer Discretionary
    • BuzzFeed, Inc. to Release First Quarter 2025 Financial Results on Thursday, May 8, 2025

      BuzzFeed, Inc. (NASDAQ:BZFD) today announced plans to release first quarter 2025 financial results on Thursday, May 8, 2025 after the market closes. BuzzFeed Founder and CEO Jonah Peretti and CFO Matt Omer will host a conference call to discuss the results at 5:00 PM ET / 2:00 PM PT. The financial results conference call will be available via webcast at investors.buzzfeed.com under the heading News & Events. A replay of the call will be made available at the same URL. To participate in the conference call, interested parties must register in advance. About BuzzFeed, Inc. BuzzFeed, Inc. is home to the best of the Internet. Across pop culture, entertainment, shopping, food and news, our bra

      4/21/25 4:15:00 PM ET
      $BZFD
      Telecommunications Equipment
      Consumer Discretionary

    $BZFD
    Leadership Updates

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    • Fathom Holdings Appoints Highly Experienced Technology Industry Expert Adam Rothstein to Board of Directors

      CARY, N.C., March 17, 2025 /PRNewswire/ -- Fathom Holdings, Inc. (NASDAQ:FTHM) ("Fathom"; or the "Company"), a national, technology-driven, end-to-end real estate services platform integrating residential brokerage, mortgage, title, and SaaS offerings for brokerages and agents, has appointed highly-experienced technology industry expert Adam Rothstein to its Board of Directors.  Mr. Rothstein will serve on the Company's Audit Committee, Nominating and Corporate Governance Committee, and its newly formed Strategy Committee. Mr. Rothstein, age 53, is a venture investor specializ

      3/17/25 4:05:00 PM ET
      $BZFD
      $FTHM
      $RSVR
      Telecommunications Equipment
      Consumer Discretionary
      Real Estate
      Finance
    • BuzzFeed Studios And Acast Launch New Podcast, "Am I Doing It Wrong?" Presented By HuffPost

      Weekly Podcast Hosted By Raj Punjabi And Noah Michelson Premieres September 21, 2023 BuzzFeed, Inc. (NASDAQ:BZFD), a premier digital media company, and Acast, the world's largest independent podcast company, are partnering to debut a new podcast series titled Am I Doing It Wrong?. The weekly show, presented by HuffPost, the award-winning digital news organization and hosted by HuffPost's Raj Punjabi and Noah Michelson, explores the all-too-human anxieties we have about trying to get our lives right. Every week on the podcast, hosts Raj Punjabi and Noah Michelson choose a different topic – from saying sorry to tipping to online dating – and enlist experts and guests with big opinions to

      9/18/23 12:29:00 PM ET
      $BZFD
      Telecommunications Equipment
      Consumer Discretionary

    $BZFD
    Large Ownership Changes

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    • Amendment: SEC Form SC 13G/A filed by BuzzFeed Inc.

      SC 13G/A - BuzzFeed, Inc. (0001828972) (Subject)

      11/14/24 9:00:49 AM ET
      $BZFD
      Telecommunications Equipment
      Consumer Discretionary
    • Amendment: SEC Form SC 13G/A filed by BuzzFeed Inc.

      SC 13G/A - BuzzFeed, Inc. (0001828972) (Subject)

      6/25/24 1:20:43 PM ET
      $BZFD
      Telecommunications Equipment
      Consumer Discretionary
    • SEC Form SC 13D/A filed by BuzzFeed Inc. (Amendment)

      SC 13D/A - BuzzFeed, Inc. (0001828972) (Subject)

      5/29/24 4:16:32 PM ET
      $BZFD
      Telecommunications Equipment
      Consumer Discretionary

    $BZFD
    SEC Filings

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    • Amendment: SEC Form SCHEDULE 13D/A filed by BuzzFeed Inc.

      SCHEDULE 13D/A - BuzzFeed, Inc. (0001828972) (Subject)

      5/8/25 6:22:13 PM ET
      $BZFD
      Telecommunications Equipment
      Consumer Discretionary
    • SEC Form 10-Q filed by BuzzFeed Inc.

      10-Q - BuzzFeed, Inc. (0001828972) (Filer)

      5/8/25 4:57:09 PM ET
      $BZFD
      Telecommunications Equipment
      Consumer Discretionary
    • BuzzFeed Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - BuzzFeed, Inc. (0001828972) (Filer)

      5/7/25 9:00:34 AM ET
      $BZFD
      Telecommunications Equipment
      Consumer Discretionary

    $BZFD
    Analyst Ratings

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    • BuzzFeed downgraded by Cowen with a new price target

      Cowen downgraded BuzzFeed from Outperform to Market Perform and set a new price target of $2.00 from $3.00 previously

      11/22/22 7:42:54 AM ET
      $BZFD
      Telecommunications Equipment
      Consumer Discretionary
    • BuzzFeed downgraded by BofA Securities with a new price target

      BofA Securities downgraded BuzzFeed from Neutral to Underperform and set a new price target of $2.00 from $4.50 previously

      8/11/22 7:30:28 AM ET
      $BZFD
      Telecommunications Equipment
      Consumer Discretionary
    • BofA Securities initiated coverage on BuzzFeed with a new price target

      BofA Securities initiated coverage of BuzzFeed with a rating of Neutral and set a new price target of $5.00

      2/4/22 7:12:53 AM ET
      $BZFD
      Telecommunications Equipment
      Consumer Discretionary

    $BZFD
    Financials

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    • BuzzFeed, Inc. Reports Q1 2025 Results and Continues to Advance High-Margin Revenue Lines and Strategy for Long-Term Growth

      Company Taps AI to Amplify Human Creativity, Audience Engagement, and Efficiency Tools Across Publishing Business BuzzFeed, Inc. ("BuzzFeed" or the "Company") (NASDAQ:BZFD) today announced its financial results for the quarter ended March 31, 2025. The Company continued to execute on its strategy to improve profitability, expand scalable, high-margin revenue streams, and invest in future-oriented innovation. "This quarter reflects the strength of our core publishing business and the momentum we're building with AI-assisted tools," said Jonah Peretti, BuzzFeed Founder and CEO. "Editorial output increased this quarter, and a new AI tool we're piloting improved pageviews per article by an av

      5/7/25 9:00:00 AM ET
      $BZFD
      Telecommunications Equipment
      Consumer Discretionary
    • BuzzFeed, Inc. to Release First Quarter 2025 Financial Results on Thursday, May 8, 2025

      BuzzFeed, Inc. (NASDAQ:BZFD) today announced plans to release first quarter 2025 financial results on Thursday, May 8, 2025 after the market closes. BuzzFeed Founder and CEO Jonah Peretti and CFO Matt Omer will host a conference call to discuss the results at 5:00 PM ET / 2:00 PM PT. The financial results conference call will be available via webcast at investors.buzzfeed.com under the heading News & Events. A replay of the call will be made available at the same URL. To participate in the conference call, interested parties must register in advance. About BuzzFeed, Inc. BuzzFeed, Inc. is home to the best of the Internet. Across pop culture, entertainment, shopping, food and news, our bra

      4/21/25 4:15:00 PM ET
      $BZFD
      Telecommunications Equipment
      Consumer Discretionary
    • BuzzFeed, Inc. Completes Strategic and Organizational Changes Following a Transformative 2024

      Company Strengthens Balance Sheet, Grows High-Margin Revenue Streams, and Expands AI-Driven Innovation BuzzFeed, Inc.'s ("BuzzFeed" or the "Company") (NASDAQ:BZFD) fourth quarter and full year (ended December 31, 2024) financial results were in line with its outlook shared in December, demonstrating progress in stabilizing operations and positioning the business for long-term growth. Following a strategic transformation in 2024, BuzzFeed is optimistic about the year ahead and is committed to bettering operational efficiency and improving monetization across the Company's owned and operated sites and apps. "BuzzFeed has always been at the forefront of digital media, evolving with industry

      3/13/25 4:05:00 PM ET
      $BZFD
      Telecommunications Equipment
      Consumer Discretionary