Ziff Davis Q2 FY26 swings to GAAP net loss of $52.2 million; revenue falls 2.7% to $286.7 million
Reuters2026/08/06 22:30Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Ziff Davis posted a GAAP operating loss of USD 44.7 million, swinging from operating income as a USD 54.8 million goodwill impairment hit results.
- GAAP net loss from continuing operations widened to USD 52.2 million, or USD 1.43 per diluted share, versus profit a year earlier.
- Revenue fell 2.7% to USD 286.7 million; GAAP net income rose to USD 624.5 million as discontinued operations delivered USD 676.6 million.
- Net cash from operations more than doubled to USD 89 million; free cash flow doubled to USD 54 million.
- Completed sale of the Connectivity business for about USD 1.22 billion in proceeds; repurchased USD 121.5 million of shares during the quarter.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ziff Davis Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260806819569) on August 06, 2026, and is solely responsible for the information contained therein.
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