earnings
confidence high
sentiment negative
materiality 0.75
IZEA Q2 2023 revenue falls 15% to $10.7M; net loss widens to $1.0M
IZEA Worldwide, Inc.
2024-Q1 EPS reported
-$0.25
revenue$19,426,781
- Revenue $10.7M, down 15% YoY from $12.6M; net loss $1.0M vs $0.2M loss in Q2 2022.
- Adjusted EBITDA loss of $0.6M vs positive $0.3M a year ago.
- Cash and investments $65.1M with no long-term debt.
- Launched AI disclosure tool, Contracts Module, and appointed Lisa Feldberg as Global Head of Growth.