Ziff Davis Inc. 2026年第一季度报告

NEW YORK, NY -- May 7, 2026 -- Ziff Davis, Inc. (NASDAQ: ZD) (“Ziff Davis” or “the Company”) today reported unauditedfinancial results for the first quarter ended March 31, 2026. “We remain focused on unlocking value for our shareholders as we look to complete the divestiture of the Connectivity businessas well as explore additional value-creating transactions,” said Vivek Shah, CEO of Ziff Davis. “Our first quarter results FIRST QUARTER 2026 RESULTS During the first quarter of 2026, the Company entered into a definitive agreement to sell its Connectivity business. The results ofthe Connectivity business are classified as discontinued operations for all periods presented in this press release. Unlessotherwise noted, all amounts, percentages, and any discussion in this press release reflect the results from continuingoperations, except for the Statements of Cash Flows and Free cash flow, which are presented on a combined continuing and •Revenues(1)decreased to $267.6 million compared to $272.8 million for Q1 2025. •Operating income decreasedto $2.9 million compared to $14.5 million for Q1 2025. •Net (loss) income per diluted share from continuing operations •Adjusted EBITDA(3)decreasedto $63.4 million compared to $71.4 million for Q1 2025. •Adjusted net income(2) (3)decreased to $27.5 million compared to $33.0 million for Q1 2025. •Net cash provided by operating activities from continuing and discontinued operations increased 45.3%to $30.0 millioncompared to $20.6 million in Q1 2025. Free cash flow from continuing and discontinued operations(3)increased 36.6%to •Ziff Davis deployed approximately $51.6 million related to share repurchases in Q1 2026. The following table reflects results from continuing operations, except for Net cash provided by operating activities and Free cashflow which are on combined basis of continuing and discontinued operations, for the three months ended March 31, 2026 and Notes: (1)The revenues associated with each of the reportable segments may have been rounded when presented independently so they footprecisely to Total Revenues.(2)GAAPeffective tax rates were approximately(80.5)%and 53.2%for the three months ended March 31,2026 and 2025,respectively. Adjusted effective tax rates were approximately 23.9% and 23.5% for the three months ended March 31, 2026 and 2025,respectively.(3)For definitions of non-GAAP financial measures and reconciliations of GAAP to non-GAAP financial measures refer to section “Non-GAAP Financial Measures” further in this release. ZIFF DAVIS GUIDANCE As noted in the Company’s Third Quarter 2025 earnings release, Ziff Davis has engaged outside advisors to assist in evaluatingvalue-creating opportunities, including the recently announced sale of its Connectivity business. As this process is ongoing, the EARNINGS CONFERENCE CALL AND AUDIO WEBCAST Ziff Davis will host a live audio webcast and conference call discussing itsfirstquarter 2026 financial results on Friday, May 8,2026, at 8:30AM ET. The live webcast and call will be accessible by phone by dialing (844) 985-2014 or via www.ziffdavis.com.Following the event, the audio recording and presentation materials will be archived and made available at www.ziffdavis.com. ABOUT ZIFF DAVIS Ziff Davis, Inc. (NASDAQ: ZD) is a vertically focused digital media and internet company whose portfolio includes leading brandsin technology, shopping, gaming and entertainment, health and wellness, connectivity, cybersecurity, and martech. For more CONTACT: Investor Relations investor@ziffdavis.com “Safe Harbor” Statement Under the Private Securities Litigation Reform Act of 1995:Certain statements in this pressrelease are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, includingthose contained in Vivek Shah’s quote and the “Ziff Davis Guidance” section. These forward-looking statements are based onmanagement’s current expectations or beliefs and are subject to numerous assumptions, risks, and uncertainties that couldcause actual results to differ materially from those described in the forward-looking statements. These factors and uncertaintiesinclude, among other items: the Company’s ability to grow advertising, licensing, and subscription revenues, profitability, andcash flows, particularly in light of an uncertain U.S. or worldwide economy, including the possibility of economic downturn orrecession; the Company’s ability to make interest and debt payments; the Company’s ability to identify, close, and successfullytransition acquisitions or divestitures; the Company’s ability to complete the proposed divestiture of its Connectivity business onanticipated terms and timing, or at all; the Company’s ability to realize the anticipated benefits from the divestiture of theConnectivity business; customer growth and retention; the Company’s ability to create compelling content; our reliance on third-party platforms; the threat of content piracy and devel