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Stock impact report

IZEA Reports Q3 Bookings of $7.7 Million

IZEA Worldwide, Inc. (IZEA) 
NASDAQ:AMEX Investor Relations: izea.com/investors
Company Research Source: GlobeNewswire
Orlando, Oct. 11, 2019 (GLOBE NEWSWIRE) -- IZEA Worldwide, Inc. (NASDAQ: IZEA), operator of IZEAx®, the premier online marketplace connecting brands and publishers with influential content creators, reported total bookings of $7.7 million for the third quarter of 2019, an 18% decrease compared to $9.5 million in the same quarter of the prior year. Q3 2019 Bookings Summary Compared to Q3 2018 SaaS Licensing bookings decreased 79% to $332,000, compared to $1.5 million.SaaS Marketplace bookings decreased 43% to $1.6 million, compared to $2.8 million. The SaaS Licensing and marketplace comparison includes bookings attributed to TapInfluence at the time of the acquisition in Q3 last year. Managed Services bookings increased 12% to $4.9 million, compared to $4.4 million.Legacy Workflow bookings decreased 7% to $619,000, compared to $668,000. Total bookings are a measure of all sales orders, plus platform spend by self-service customers, minus any known or expected cancellations or re Show less Read more
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