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Ziff Davis Q2 Earnings Call Highlights
['Trevor Kearing']
Daily Political
Get alerts:During the quarter, Ziff Davis completed the sale of its Connectivity business to Accenture for $1.2 billion.
For continuing operations, Ziff Davis reported second-quarter revenue of $286.7 million, down 2.7% from $294.8 million a year earlier.
Adjusted EBITDA declined 3.7% to $76.8 million, while adjusted EBITDA margin was 26.8%, compared with 27.1% in the prior-year period.
For the third quarter, Ziff Davis expects revenue to increase sequentially but decline by the low- to mid-single digits year over year.
About Ziff Davis (NASDAQ:ZD)Ziff Davis, Inc is a digital media and internet company that operates a diverse portfolio of online brands, subscription-based services and performance marketing platforms.