c’mon see Non-GAAP Financial Measures below for a description of how Adjusted EBITDA is calculated.
Accordingly, a reconciliation of non-GAAP guidance for Adjusted EBITDA to the corresponding GAAP measure is not available.
While it is not required, it is recommended you join 10 minutes prior to the event start time.
A replay of the call will be made available at the same URL.
Definitions
BuzzFeed reports revenues across three primary business lines: Advertising, Content and Commerce and other.
The definition of Time Spent is also set forth below.
About BuzzFeed, Inc.
BuzzFeed, Inc. is home to the best of the Internet.
Adjusted EBITDA margin is calculated by dividing Adjusted EBITDA by revenue for the same period.
Adjusted EBITDA and Adjusted EBITDA margin should not be considered a substitute for measures prepared in accordance with GAAP.
Forward-looking statements include all matters that are not historical facts.
There can be no assurance that future developments affecting us will be those that we have anticipated.
There may be additional risks that we consider immaterial or which are unknown.
It is not possible to predict or identify all such risks.
Amounts presented throughout this press release are on a continuing operations basis (i.e., excluding Complex Networks).
(4) BuzzFeed, Inc. is herein referred to as BuzzFeed or the Company.
(5) Includes Complex Networks and First We Feast; see definition of Time Spent below.
(6) +11% year-over year, according to Adobe Analytics, as reported byCNBC.
