Ziff Davis Q2 revenue misses estimates on segment weakness

Ziff Davis

06/08/2026 23:09

Overview
US digital media firm's Q2 revenue fell 2.7% yr/yr, missing analyst expectations
Adjusted EPS for Q2 met analyst expectations
Company completed sale of Connectivity division for $1.2 bln and repurchased $121.5 mln of shares

Outlook
Company did not provide specific financial guidance for the current or future periods

Result Drivers
SEGMENT SOFTNESS - Revenue fell in Technology & Shopping and Health & Wellness segments, contributing to overall decline
GOODWILL IMPAIRMENT - Co recognized $54.8 mln goodwill impairment in Q2, contributing to operating loss

Company press release: ID:nBw5BnCdda

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$286.70 mln
$299.75 mln (5 Analysts)
Q2 Adjusted EPS
Meet
$1.03
$1.03 (4 Analysts)
Q2 Adjusted Net Income
Miss
$37.80 mln
$39.40 mln (4 Analysts)

Reuters Recommended Reads
Aug 5 - Verra Mobility Q2 swings to loss on goodwill and intangible asset impairments
Aug 6 - Chegg Q2 revenue falls 51%
Aug 5 - System1 Q2 revenue drops sharply, posts net loss after reducing marketing activity significantly

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)