IZEA Reports Q3 2024 Revenue of $8.8 Million
IZEA Worldwide, Inc. (IZEA)
NASDAQ:AMEX Investor Relations:
izea.com/investors
Company Research
Source: GlobeNewswire
ORLANDO, Fla., Nov. 14, 2024 (GLOBE NEWSWIRE) -- IZEA Worldwide, Inc. (NASDAQ: IZEA), a premier provider of influencer marketing technology, data, and services for the Creator Economy, reported its financial and operational results for the third quarter ended September 30, 2024. Q3 2024 Financial Summary Compared to Q3 2023 Total revenue increased 12% to $8.8 million, compared to $7.9 millionManaged Services bookings increased 11% to $7.9 million, compared to $7.1 millionManaged Services revenue increased 10% to $8.6 million, compared to $7.8 millionTotal costs and expenses increased 73% to $18.2 million, including a $4.0 million non-cash charge for goodwill impairment, compared to $10.5 millionNet loss was $8.8 million compared to a net loss of 2.0 millionAdjusted EBITDA* for the quarter was $(2.8) million, compared to $(1.5) millionCash, cash equivalents, and investments on September 30, 2024 totaled $54.4 million Q3 2024 Operational Highlights IZEA’s work for the Barbie movie
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IZEA
News
- Influencer Marketing Platform Market size is set to grow by USD 52.23 billion from 2024-2028, increasing partnerships and mergers and acquisitions among vendors to boost the revenue- Technavio [Yahoo! Finance]Yahoo! Finance
- IZEA Research Finds People Trust Influencer Marketing Over Traditional AdvertisingGlobeNewswire
- IZEA Worldwide Inc (IZEA) Q3 2024 Earnings Report Preview: What to Expect [Yahoo! Finance]Yahoo! Finance
- IZEA Announces Q3 2024 Earnings Results Conference CallGlobeNewswire
- IZEA Earns Multiple Comparably Awards for Benefits, Work-Life Balance, and Employee Happiness [Financial Post (Toronto, Ontario, Canada)]Financial Post
IZEA
Sec Filings
- 12/16/24 - Form 8-K
- 12/2/24 - Form 4
- 11/14/24 - Form 10-Q
- IZEA's page on the SEC website