IZEA Q2 2023 Managed Services Bookings down 21.5% to $7.3M; ongoing customer bookings up 25%

IZEA Worldwide, Inc.

Total bookings $7.3M in Q2 2023 vs $9.3M in Q2 2022; decline solely from parting with one large customer.
Excluding one large customer, bookings from ongoing customers grew by $1.4M, a 25% year-over-year increase.
Order volume from ongoing customers grew 25% in Q2; average order size (excl. large customer) on par with last year.
Bookings are not indicative of revenue for the quarter; revenue typically recognized over nine-month average period.

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