BUZZ-Buzzfeed falls on lower Q4 revenue

Reuters03-26

** Shares of digital media co Buzzfeed down 8.3% at 37 cents after the bell

** Co reports Q4 revenue of $75.70 million, declining 26% compared with Q4 of 2022

** Q4 advertising rev. declines 25% to $31.90 mln from a year ago, while content rev. falls 34% to $27 mln

** Co forecasts Q1 2024 revenue in the range of $42 million to $44 million

** Says Q1 rev. to be 20% to 23% lower than first quarter 2023

** Up to last close, stock up ~62% YTD

(Reporting by Priyanka.G)

((Priyanka.g@thomsonreuters.com))

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