Financial Performance - Ziff Davis' Q2 2025 revenues increased by 9.8% to $352.2 million, compared to $320.8 million in Q2 2024 [15] - Adjusted EBITDA for Q2 2025 was $107.7 million, an 11.8% increase from $96.3 million in Q2 2024 [15] - Adjusted diluted EPS increased by 5.1% from $1.18 in Q2 2024 to $1.24 in Q2 2025 [15] Revenue Breakdown - Advertising and Performance Marketing revenue increased by 15.5%, from $170 million in Q2 2024 to $197 million in Q2 2025 [20] - Subscription and Licensing revenue increased by 5.0%, from $142 million in Q2 2024 to $149 million in Q2 2025 [20] Segment Performance - Technology & Shopping segment revenue increased by 11.3%, from $72.5 million in Q2 2024 to $80.8 million in Q2 2025 [26] - Gaming & Entertainment segment revenue increased by 7.5%, from $43.0 million in Q2 2024 to $46.2 million in Q2 2025 [32] - Health & Wellness segment revenue increased by 15.7%, from $86.0 million in Q2 2024 to $99.5 million in Q2 2025 [39] - Connectivity segment revenue increased by 14.2%, from $50.3 million in Q2 2024 to $57.4 million in Q2 2025 [45] - Cybersecurity & Martech segment revenue decreased by 0.9%, from $69.0 million in Q2 2024 to $68.3 million in Q2 2025 [52] Financial Guidance - Ziff Davis reaffirmed its FY 2025 revenue guidance with a midpoint of $1.472 billion, representing a 5.0% year-over-year increase [63] - Adjusted EBITDA guidance midpoint is $523 million, a 6.0% increase year-over-year [63] - Adjusted diluted EPS guidance midpoint is $6.96, a 5.1% increase year-over-year [63]