IZEA Worldwide, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 04:01 pm EST
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IZEA Worldwide, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 7.89 million compared to USD 10.83 million a year ago. Net loss was USD 1.98 million compared to USD 0.906232 million a year ago. Basic loss per share from continuing operations was USD 0.13 compared to USD 0.06 a year ago.
For the nine months, sales was USD 27.32 million compared to USD 32.29 million a year ago. Net loss was USD 5.82 million compared to USD 3.55 million a year ago. Basic loss per share from continuing operations was USD 0.38 compared to USD 0.23 a year ago.
IZEA Worldwide, Inc. is a marketing technology company providing software and professional services that enable brands to collaborate and transact with the full spectrum of social influencers and content creators. The Company partners with marketers to facilitate influencer marketing campaigns. It assists brands in generating more custom generated content (CGC) through dedicated programs aimed at boosting online visibility and driving sales. It collaborates with marketers to supplement or replace their content development initiatives on their Website, social media, and other channels. Its primary software platforms include IZEA Flex and IZEA.com. Each of these platforms is designed to facilitate specific aspects of collaborations between creators and brands. IZEA Flex is its flagship platform for enterprise influencer marketing. IZEA.com provides creators with tools to present their work to marketers (Listings). Zuberance by IZEA is an advocate marketing solutions provider.