BuzzFeed, Inc. (BZFD) Q3 2024 Earnings Call Transcript Summary
BuzzFeed, Inc. (BZFD) Q3 2024 Earnings Call Transcript Summary
Cash balance improved by $8 million versus Q2, totaling $54 million.The following is a summary of the BuzzFeed, Inc. (BZFD) Q3 2024 Earnings Call Transcript:
以下是BuzzFeed, Inc. (BZFD)第三季度2024年業績會議記錄摘要:
Financial Performance:
財務表現：
Q3 revenue grew 7% year-over-year to $64 million, driven by strong performances in Programmatic Advertising and Affiliate Commerce.
Adjusted EBITDA was $11 million, significantly higher than the nearly breakeven point last year.
Cash balance improved by $8 million versus Q2, totaling $54 million.
第三季度營業收入同比增長7%，達到6400萬美元，受到自動化廣告和聯盟商務表現強勁的推動。
調整後的EBITDA爲1100萬美元，較去年幾乎接近盈虧平衡的水平高出很多。
現金餘額較第二季度提高800萬美元，總計5400萬美元。
Business Progress:
業務進展：
Sold Complex to raise significant cash for debt reduction and restructuring, focusing business on high-margin areas like Programmatic Advertising and Affiliate Commerce.
Achieved year-over-year growth in audience time spent, with significant increases in Programmatic Advertising and Affiliate Commerce revenue.
出售Complex以籌集大量現金用於債務減少和重組，將業務重點放在自動化廣告和聯盟商務等高利潤領域。
成功實現觀衆花費時間的年度增長，在自動化廣告和聯盟商務收入方面有顯着增長。
Opportunities:
機會：
Continued growth in Programmatic Advertising and Affiliate Commerce offers significant revenue-generating potential.
在程序化廣告和會員營銷方面的持續增長提供了重要的營業收入增長潛力。
Risks:
風險：
No explicit risks detected.
沒有發現任何明確風險。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
