IZEA Q2 revenue down 15% to $9.1M; net loss widens to $2.2M

IZEA Worldwide, Inc.

2024-Q1 EPS reported -$0.33 revenue$16,046,699

Total revenue $9.1M, down 14.9% YoY; Managed Services $8.9M (-16.6%); SaaS $0.2M (+244%).
Net loss $2.2M vs $1.0M loss Q2 2023; Adjusted EBITDA -$1.6M vs -$0.6M.
Cash and investments $56.5M, no long-term debt.
Operational: won Viddy Awards for Barbie campaign; launched IZZY AI assistant beta; certified Great Place to Work.

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