IZEA Q4 2023 Managed Services Bookings $7.7M, down slightly from $7.9M YoY

IZEA Worldwide, Inc.

Managed Services bookings were $7.7M in Q4 2023 vs $7.9M in Q4 2022, a 2.5% decline.
IZEA parted ways with a large customer that represented over 20% of 2022 annual bookings.
Ended 2023 with the largest number of active customers ever; SaaS customer base hit all-time high in December.
CEO expects return to year-over-year Managed Services bookings growth in 2024.
Revenue from bookings typically recognized over a 7-9 month period.

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