BuzzFeed, Inc. (BZFD) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.639 Good day, and thank you for standing by. Welcome to BuzzFeed, Inc., fourth quarter, 2025 00:00:05.639 -- 00:00:09.905 earnings conference call. I'll now hand the conference over to your first speaker today, 00:00:09.905 -- 00:00:12.249 Juliana Clifton, Vice President of Communications. 00:00:12.249 -- 00:00:14.629 Please go ahead. 00:00:15.634 -- 00:00:21.162 Hi, everyone. Welcome to BuzzFeed, Inc.' 's fourth quarter and full year 2025 00:00:21.162 -- 00:00:26.690 earnings conference call. I'm Juliana Clifton, VP of Communications for BuzzFeed. 00:00:26.690 -- 00:00:32.490 Joining me today are CEO Jonah Peretti, and our Chief Financial Officer, Matt Omer. 00:00:32.490 -- 00:00:36.955 Before we get started, I would like to take this opportunity to remind you that our remarks 00:00:36.955 -- 00:00:39.938 today will include forward-looking statements. 00:00:39.938 -- 00:00:44.643 Actual results may differ materially from those contemplated by these forward-looking 00:00:44.643 -- 00:00:46.643 statements. 00:00:46.646 -- 00:00:51.191 Factors that could cause these results to differ materially are set forth in today's 00:00:51.191 -- 00:00:56.216 press release, our 2025 Annual Report on Form 10-K to be 00:00:56.216 -- 00:01:02.787 filed with the SEC, and our 2025 quarterly reports on Form 10-Q. 00:01:02.890 -- 00:01:07.497 Any forward-looking statements that we make on this call are based on assumptions as 00:01:07.497 -- 00:01:12.565 of today, and we undertake no obligation to update these statements as a result 00:01:12.565 -- 00:01:16.070 of new information or future events. 00:01:16.070 -- 00:01:21.318 During this call, we present both GAAP and non-GAAP financial measures, including adjusted 00:01:21.318 -- 00:01:26.565 EBITDA and a...