Revenue Growth in Third Quarter
Ziff Davis reported a nearly 3% increase in revenues, marking the fifth consecutive quarter of revenue growth.
Health & Wellness Segment Performance
The Health & Wellness segment experienced 13% year-over-year revenue growth and 18% year-over-year adjusted EBITDA growth, both representing high watermarks for the division.
Cybersecurity & Martech Segment Turnaround
The Cybersecurity & Martech segment returned to growth in Q3 with a 2% increase in revenue, driven by strong performance in consumer VPN and cloud backup.
Humble Bundle Performance
Humble Bundle had its best quarter of the year and the second highest revenue quarter in the last 5 years, with subscription revenues up 5% year-over-year.
Share Buybacks and EPS Growth
Ziff Davis increased its share buybacks, resulting in a 7% growth in adjusted diluted EPS.