secwatch.observer — SEC 8-K summary
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Issuer:     IZEA Worldwide, Inc. (IZEA)
CIK:        0001495231
Form:       8-K/A
Filed at:   2023-07-11T23:59:59+00:00
Accession:  0001495231-23-000131
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1495231/000149523123000131/0001495231-23-000131-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1495231/000149523123000131/izea-20230711.htm
  HTML page:      https://secwatch.observer/filing/0001495231-23-000131

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer