IZEA Q3 revenue up 12% to $8.8M; net loss widens to $8.8M on $4M goodwill impairment

IZEA Worldwide, Inc.

2024-Q3 EPS reported -$0.84 revenue$24,878,493

Revenue $8.8M (+12% YoY); Managed Services bookings $7.9M (+11%).
Net loss $8.8M vs $2.0M loss in Q3 2023; includes $4.0M non-cash goodwill impairment.
Adjusted EBITDA loss $(2.8)M vs $(1.5)M; total costs up 73% to $18.2M.
Cash and investments $54.4M; IZZY AI assistant launched on IZEA Flex platform.
Operational awards won for Barbie campaign and MarTech Breakthrough Award.

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