Ziff Davis Forecasts Double-Digit Q4 Revenue Growth and Long-Term Headcount Reduction
Ziff Davis (ZD) reported third-quarter results that aligned with previous management guidance. CEO Vivek Shah noted that both revenues and adjusted EBITDA saw sequential growth during the period, maintaining steady performance relative to company expectations. Looking ahead, the company anticipates double-digit sequential revenue growth for the fourth quarter. Additionally, Ziff Davis has outlined a long-term operational strategy aimed at efficiency, projecting a 10% reduction in total headcount by the end of 2026.
Tickers: $ZD
Topics: earnings report EBITDA revenue growth