BuzzFeed, Inc. (BZFD) Q1 2026 Earnings Call

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WEBVTT 00:00:01.972 -- 00:00:06.518 Good day and thank you for standing by. Welcome to the BuzzFeed, Inc. 00:00:06.518 -- 00:00:10.043 First Quarter 2026 Earnings Conference Call. 00:00:10.043 -- 00:00:14.450 I would now like to hand the conference over to your first speaker today, Juliana Clifton, 00:00:14.450 -- 00:00:18.035 VP of Communications. Please go ahead. 00:00:18.035 -- 00:00:23.302 Hi, everyone. Welcome to BuzzFeed, Inc.' 's First Quarter 2026 Earnings Conference 00:00:23.302 -- 00:00:27.689 Call. I'm Juliana Clifton, VP of Communications for BuzzFeed. 00:00:27.689 -- 00:00:32.676 Joining me first today are CEO Jonah Peretti and CFO Matt Omer. 00:00:32.676 -- 00:00:36.982 Before we get started, I'd like to take this opportunity to remind you that our remarks 00:00:36.982 -- 00:00:42.130 today include forward-looking statements. Actual results may differ materially from 00:00:42.130 -- 00:00:45.975 those contemplated by these forward-looking statements. 00:00:45.975 -- 00:00:50.822 Factors that could cause these results to differ materially are set forth in today's 00:00:50.822 -- 00:00:54.757 press release, Form 10Q filed with the SEC. 00:00:54.757 -- 00:00:58.582 Any forward-looking statements that we make on this call are based on assumptions as 00:00:58.582 -- 00:01:03.509 of today, and we undertake no obligation to update these statements as a result of new 00:01:03.509 -- 00:01:06.193 information or future events. 00:01:06.193 -- 00:01:11.461 During this call, we present both GAAP and non-GAAP financial measures, including adjusted 00:01:11.461 -- 00:01:14.545 EBITDA and adjusted EBITDA margin. 00:01:14.545 -- 00:01:18.911 The use of non-GAAP financial measures allows us to measure the operational strength 00:01:18.911 -- 00:01:23.891 and performance...