earnings
confidence high
sentiment positive
materiality 0.80
Zeta beats Q1 revenue and raises FY2024 guidance; revenue +24% YoY to $195M
Zeta Global Holdings Corp.
2024-Q1 EPS reported
-$0.23
revenue$194,947,000
- Q1 revenue $195M (+24% YoY); GAAP net loss $40M ($0.23 loss per share) vs $57M loss in 1Q23.
- Adjusted EBITDA $30.5M (+27% YoY); Free Cash Flow $15M (+51% YoY).
- Scaled customer count 460 (+8 Q/Q); Super-Scaled count 144 (+13 Q/Q); ARPU $416K (+11% YoY).
- Q2 revenue guidance raised to $210-214M (midpoint +$8M); FY revenue raised to $895-905M (+$25M).
- FY Adjusted EBITDA guidance raised to $170-172M (+$5M midpoint); Free Cash Flow target $75-85M.