Ziff Davis, Inc. - ZD STOCK NEWS

RetailMeNot, a Ziff Davis business, launched its third annual Cash Back Day on November 4, 2021. Shoppers can earn up to 20% cash back from over 1,000 retailers, with the event running until 11:59 PM PT on November 5. Last year, participants averaged $18 in cash back, totaling nearly $1 million paid out. New this year is the Deal Finder extension for exclusive offers.

Ziff Davis reported Q3 2021 financial results, achieving a record revenue of $444.3 million, up 24.5% from $357.0 million in Q3 2020. Pro-forma revenues increased by 27.7%. Operating cash flow rose to $140.2 million from $114.4 million. However, GAAP earnings per diluted share dropped to $0.88 from $1.31, largely due to a $19.2 million loss on the B2B Backup business sale. Adjusted non-GAAP earnings per share increased to $2.34, a 15.8% rise. Ziff Davis reaffirmed its FY 2021 guidance, estimating revenue between $1,375-$1,389 million.

BabyCenter has released its Most Popular Baby Names of 2021, with Olivia and Liam topping the girls' and boys' lists, respectively. The rankings reveal a trend towards unique and gender-neutral names, with newcomers Levi and Asher entering the top ten for boys. BabyCenter's new policy includes distinct spellings in their rankings, reflecting parents' desires for uniqueness. Trends highlight names inspired by television, nature, and strong meanings, likely influenced by the pandemic experience.

Ziff Davis, Inc. (Nasdaq: ZD) announced its participation in the RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference on November 16, 2021. The conference will be held virtually, and a webcast will be available through RBC Capital Markets at a later date. Ziff Davis is a digital media company with a portfolio that includes leading brands across various sectors such as technology, entertainment, and cybersecurity. For more information, visit www.ziffdavis.com.

i2c Inc. hosted a webinar on November 3, 2021, discussing the surge in digital banking and payments. Industry experts from Uptime Institute and Downdetector addressed the challenges facing financial services infrastructure due to increased demand. Key topics included customer experiences with downtime, the scale of these issues, and strategies for enhancing resilience against service disruptions. The session featured insights from panelists Jim McCarthy, Andy Lawrence, and Richard Ishak, followed by a Q&A segment for attendees.

Ziff Davis, Inc. (Nasdaq: ZD) will announce its Third Quarter 2021 Earnings on November 3, 2021, at 6:00 PM ET. Following the earnings release, a live audio Webcast is scheduled for November 4, 2021, at 8:30 AM ET, hosted by CEO Vivek Shah, CAO Steve Dunn, and VP Alan Steier. Interested parties can access the webcast on ziffdavis.com or dial in at (844) 985-2014. Questions for the call can be sent to investor@ziffdavis.com.

Ziff Davis (Nasdaq: ZD) announced early tender results for its cash tender offer to purchase up to $90 million of its 4.625% Senior Notes due 2030. As of the Early Tender Time on October 7, 2021, valid tenders reached $639.1 million. The company will accept $83.3 million worth of notes, with a Total Consideration of $1,080 per $1,000 principal amount, which includes a $50 early tender premium. The offer expires on October 22, 2021.

Consensus Cloud Solutions has successfully separated from Ziff Davis, marking its debut as an independent entity. The new company commenced trading on Nasdaq under the ticker symbol CCSI on October 7, 2021, following a special dividend distribution that allocated 80.1% of its shares to Ziff Davis stockholders. CEO Scott Turicchi expressed optimism about the company's potential in secure data exchange solutions for healthcare. The spin-off is a pivotal move, aiming to provide long-term growth and value to shareholders.

Ziff Davis has successfully completed the separation of its Consensus business, which will operate as an independent publicly traded company known as Consensus Cloud Solutions, Inc. Trading under the ticker symbol 'CCSI,' this spin-off was executed through a special dividend distribution to Ziff Davis shareholders on October 7, 2021. For every three shares of Ziff Davis, shareholders received one share of Consensus. Ziff Davis will continue trading under the ticker symbol 'ZD.' CEO Vivek Shah expressed enthusiasm for both companies' futures post-separation.