BuzzFeed Withholds FY Forecast, Warns on Going Concern Risk

(Adds details about going concern risk.)

BuzzFeed reported revenue from continuing operations for the fourth quarter of $56.5 million.

FOURTH QUARTER RESULTS

• Revenue from continuing operations $56.5 million
• Loss from continuing operations $26.8 million
• Adjusted Ebitda from continuing ops $12.0 million

COMMENTARY AND CONTEXT

• Withholding 2026 Guidance at This Time
• Expects to Provide Update in Coming Quarters
• Evaluating Strategic Opportunities
• Company says there’s substantial doubt about ability to continue as a going concern
• Expects no sufficient resources to fund cash obligations for the next 12 months

NOTE

• Shares fall 13% in post-market trading to 61.99c on 6,569 shares traded
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