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BuzzFeed Stock Soars After Q2 Results: Here's Why (CORRECTED)

(Editor’s Note: The original article incorrectly stated this was BuzzFeed’s third-quarter earnings when it was second-quarter earnings; and that overall revenues for the third quarter were between $58 million and $63 million, not $68 million.) BuzzFeed, Inc. (NASDAQ:BZFD) shares are trading higher Monday after the company posted better-than-expected second-quarter financial results. The media company reported quarterly losses of 18 cents per share. That’s a 71.43% increase over losses of 63 cents per share from the same period last year. The company reported $46.9 million ...