Ziff Davis revenue climbs 8.1%, loss narrows

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New York--Ziff Davis Holdings, the parent company of Ziff Davis Media, Wednesday posted third-quarter revenue of $45.2 million, an 8.1% increase from $41.8 million a year earlier. Ziff posted a net loss for the third quarter of $1.2 million compared with a net loss of $29.1 million (including a $13.4 million restructuring charge) a year earlier. The company's earnings before interest, taxes, depreciation and amortization was $6.6 million for the third quarter, compared with $1.2 million in last year's third quarter. Ziff anticipates its consolidated EBITDA for the fourth quarter will be between $14 million and $16 million compared with consolidated EBITDA of $13.1 million for the same period last year.
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