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Ziff Davis Is Going All-In on AI — But Can HALO & IMAGINE Become Its Next Growth Engine?

Ziff Davis reported its third-quarter 2025 financial performance with a nearly 3% growth in revenues, though adjusted EBITDA experienced a slight decline. This period marks the company’s fifth consecutive quarter of revenue growth. Notably, its adjusted diluted earnings per share (EPS) increased by 7%, attributed partly to an increased share repurchase activity to capitalize on the current valuation disconnect. The company maintains a diverse portfolio grouped into five segments: Tech & Shopping, Gaming & Entertainment, Health & Wellness, Connectivity, and Cybersecurity & Martech. Three of these five segments achieved revenue growth in the quarter. The Tech & Shopping segment, however, faced a 2% revenue decline, largely due to the wind-down of its game publishing business. Excluding game publishing, the segment recorded growth, propelled by robust performance from CNET.