IZEA Q1 revenue down 20.4% to $7.0M; net loss widens to $3.3M

IZEA Worldwide, Inc.

2024-Q1 EPS reported -$0.20 revenue$6,952,883

Total revenue $7.0M vs $8.7M in Q1 2023, down 20.4%.
Managed Services revenue fell 21.2% to $6.7M; SaaS revenue up 9.1% to $0.3M.
Net loss $3.3M vs $2.8M; Adjusted EBITDA loss $(2.8)M vs $(2.2)M.
Cash and investments $60.8M, no long-term debt.
Operational highlights: Gold at Muse Creative Awards, new iOS app with AI.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

IZEA Worldwide, Inc. reported first quarter ended March 31, 2024 results: revenue $7.0 million, net income Net loss was $3.3 million.

Period: first quarter ended March 31, 2024
Revenue: $7.0 million
Net income: Net loss was $3.3 million
Result: reported results

Exact text from the filing

ZEA Reports Q1 2024 Revenue of $7.0 million ORLANDO, Fla (May 15, 2024) - IZEA Worldwide, Inc. (NASDAQ: IZEA ), the premier provider of influencer marketing technology, data, and services for the Creator Economy, reported its financial and operational results for the first quarter ended March 31, 2024.

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IZEA Worldwide, Inc. filing history →

Source: SEC EDGAR

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