BuzzFeed sees Q4 revenue $129M-$134M, consensus $131.3M

CEO Jonah Peretti says: "Yesterday we implemented a restructuring to enable BuzzFeed to weather ongoing macroeconomic headwinds and audience shifts. We have a long history of adapting and investing in strategies to best serve our audiences and business partners. Successful execution against our plans will enable us to invest in areas that will drive growth and build a more robust creator business. Following these changes, we are reaffirming our fourth quarter 2022 financial outlook. This plan also represents a proactive step to ensure the Company is set up to accelerate execution and deliver strong business results into 2023."