BuzzFeed (BZFD) reported Q1 EPS of ($0.33), $0.12 worse than the analyst estimate of ($0.21). Revenue for the quarter came in at $91.6 million versus the consensus estimate of $94.46 million.
- Second Quarter 2022 Financial Outlook:
For the second quarter of 2022:
- We expect overall revenues to grow by a low 20s percentage year-over-year
- We expect Adjusted EBITDA in the range of $2 to $7 million
Additionally, we expect stock-based compensation expenses in the range of $11 to $13 million