Ziff Davis Reports Stellar Earnings and Revenue, Beating Expectations by $0.04 and $13.07M Respectively
May 10, 2023
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The company reported non-GAAP earnings per share of $1.10, exceeding analysts’ expectations of $1.06 and generating revenue of $307.1 million, surpassing the estimated figure of $294.03 million. With its expertise in digital content, marketing, and e-commerce, Ziff Davis ($NASDAQ:ZD) has positioned itself to be one of the leading players in the digital media industry. As a result, they have been able to achieve growth over the past few years and continue to be a force to be reckoned with in the industry.
Earnings
In its FY2022 Q4 earning report as of December 31 2022, ZIFF DAVIS reported stellar earnings and revenue results that far exceeded expectations. Compared to the previous year, however, there was a 2.9% decrease in total revenue, as well as an 81.2% decrease in net income. Over the last three years, total revenue has decreased from 469.24 million USD to 396.7 million USD. These results demonstrate the strength and resilience of ZIFF DAVIS, proving the company’s ability to navigate difficult financial times and still come out ahead.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ziff Davis. More…
| Total Revenues | Net Income | Net Margin |
| 1.39k | 63.74 | 7.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ziff Davis. More…
| Operations | Investing | Financing |
| 336.44 | -220.77 | -140.83 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ziff Davis. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.53k | 1.64k | 40.04 |
Key Ratios Snapshot
Some of the financial key ratios for Ziff Davis are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 0.5% | -6.5% | 11.9% |
| FCF Margin | ROE | ROA |
| 16.6% | 5.6% | 2.9% |
Price History
The stock opened at $65.0 and closed at $65.0, down by 0.8% from the previous closing price of 65.5. Live Quote…
Analysis
At GoodWhale, we analyzed ZIFF DAVIS‘s financials and found them to be a high risk investment. Our Risk Rating tool indicates that there are several potential risks associated with this company’s financial and operational performance. When we examined the income sheet from ZIFF DAVIS, we detected three risk warnings. These include a lack of recent profitability, poor cash flow management, and a high level of debt. Additionally, our analysis of the balance sheet revealed that the company’s assets are significantly undervalued compared to its liabilities. We also identified a number of non-financial risks which may negatively impact the company’s performance. We believe that ZIFF DAVIS is a high risk investment and would encourage potential investors to carefully review our findings before making any investments. To access our full report and view all of the risk warnings, please register with us today. More…
Peers
In the world of publishing and media, there is intense competition between companies to maintain the highest levels of quality and profitability. One such company is Ziff Davis Inc, which faces stiff competition from the likes of Salem Media Group Inc, Fame Productions Inc, and PT Media Nusantara Citra Tbk. While each company has its own unique strengths and weaknesses, all are striving to be the best in the business.
– Salem Media Group Inc ($NASDAQ:SALM)
Salem Media Group is a publicly traded radio broadcasting company in the United States. The company owns and operates radio stations in small and mid-sized markets. Salem Media Group also owns and operates Salem Radio Network, a syndicated talk radio service. The company was founded in 1985 and is headquartered in Camarillo, California.
– Fame Productions Inc ($OTCPK:FMPR)
PT Media Nusantara Citra Tbk is one of the largest media companies in Indonesia. The company is involved in the production, distribution, and broadcasting of television programs, movies, and music. The company also owns and operates a number of radio and television stations. PT Media Nusantara Citra Tbk has a market cap of 10.52T as of 2022, a Return on Equity of 12.38%.
Summary
This is a positive sign for investors as the company continues to expand and grow its operations. Going forward, investors should keep a close eye on how the company continues to invest in its growth and manage its operations, as well as the performance of its competitors in the digital media space.
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