Izea Worldwide Inc Stock Price, News & Analysis

IZEA Worldwide (NASDAQ: IZEA), a provider of Creator Economy services, technology, and data, has scheduled its Q4 and full-year 2024 earnings conference call for March 27, 2025, at 5:00 p.m. EDT. The call will be led by CEO Patrick Venetucci and CFO Peter Biere, featuring a Q&A session.

Participants can join via toll-free number (1-877-407-4018) or international dial-in (1-201-689-8471). A replay will be available approximately 3 hours after the call until April 3, 2025, at 11:59 p.m. EDT, accessible through toll-free (1-844-512-2921) or international (1-412-317-6671) numbers with PIN: 13751682.

IZEA Worldwide (NASDAQ: IZEA) has appointed Frank Carvalho as Executive Vice President of Sales and Marketing. Carvalho joins IZEA from Foap, where he served as Chief Marketing Officer, bringing over 30 years of global marketing experience.

Previously holding leadership positions at Leo Burnett and Publicis Groupe, Carvalho has worked with major brands including Coca-Cola, Merck, and Vodafone. His expertise spans traditional, digital, and social engagement strategies. At Foap, he was instrumental in expanding the company's global presence and strengthening partnerships with major social platforms.

Carvalho holds an MBA from Pepperdine University and the European Business School in Germany. IZEA CEO Patrick Venetucci emphasized that Carvalho's background in marketing, sales, and agency operations, combined with his understanding of social platforms and the Creator Economy, will be important for IZEA's growth strategy.

IZEA Worldwide reported Q3 2024 financial results with total revenue increasing 12% to $8.8 million compared to Q3 2023. Managed Services bookings rose 11% to $7.9 million, while revenue from this segment grew 10% to $8.6 million. However, the company recorded a net loss of $8.8 million, significantly higher than the $2.0 million loss in Q3 2023, primarily due to a $4.0 million non-cash goodwill impairment charge and increased operational expenses. Total costs rose 73% to $18.2 million. The company maintained a strong cash position with $54.4 million in cash and investments, with no long-term debt.

IZEA Worldwide has released its fourth annual 'Trust in Influencer Marketing' report, revealing significant shifts in consumer behavior and trust patterns. The study shows that 77% of respondents prefer influencer-created content over traditional advertising, while 85% trust influencer sponsored posts more than celebrity endorsements.

The report highlights that platforms like TikTok and Instagram have become primary sources for product research since 2022. 86% of respondents search for product information on social media, and 77% make direct purchases through these platforms. Facebook and YouTube maintain leading positions in overall usage, with TikTok notably expanding its reach among the 45-60 age demographic.

IZEA Worldwide (NASDAQ: IZEA) has scheduled its Q3 2024 earnings conference call for November 14, 2024, at 5:00 p.m. EST. CEO Patrick Venetucci and CFO Peter Biere will discuss the company's third quarter financial results. The call will be accessible via toll-free (1-877-407-4018) and international (1-201-689-8471) dial-in numbers. A replay will be available for approximately one week until November 21, 2024, using replay numbers 1-844-512-2921 (toll-free) or 1-412-317-6671 (international) with PIN 13749635.

IZEA Worldwide, a leading provider in the Creator Economy, has been honored with multiple Comparably Awards for its exceptional workplace culture. The company received recognition in three categories: Happiest Employees, Best Company Perks & Benefits, and Best Company Work-Life Balance.

These awards, based on anonymous employee feedback, highlight IZEA's commitment to fostering a positive work environment. Patrick Venetucci, CEO of IZEA, emphasized the company's focus on employee well-being as a key factor in their success. Kerry Griffin, IZEA's new Chief Talent Officer, expressed enthusiasm about joining a company that prioritizes its people and culture.

IZEA continues to build on its strong foundation of employee support and empowerment, inviting individuals passionate about the Creator Economy to explore career opportunities with the company.

IZEA Worldwide, Inc. (NASDAQ: IZEA), a leading provider in the Creator Economy, has announced an equity award granted to their newly appointed Chief Talent Officer, Kerry Griffin. The award, granted on October 15, 2024, consists of 50,000 time-based restricted stock units (RSUs). These RSUs will vest quarterly over four years, starting from January 31, 2025, subject to Ms. Griffin's continued service.

This equity award was approved by IZEA's Compensation Committee and Board of Directors on October 11, 2024, in compliance with Nasdaq Listing Rule 5635(c)(4). The RSUs are subject to the terms and conditions of the 2023 Inducement Plan and the applicable RSU award agreement. IZEA encourages individuals interested in the Creator Economy to explore career opportunities at izea.com/company/careers.

IZEA Worldwide, Inc. (NASDAQ: IZEA), a leading provider in the Creator Economy, has appointed Kerry Griffin as its first Chief Talent Officer (CTO). This strategic move emphasizes IZEA's commitment to fostering an exceptional workforce and cultivating a strong, collaborative culture as the company enters its next growth phase.

Griffin brings over 20 years of leadership experience in human resources, specializing in talent acquisition, organizational development, and building high-performing, inclusive teams. Her most recent role was as Chief Talent Officer at MERGE, where she supported business growth during transformational periods.

IZEA's CEO, Patrick Venetucci, highlighted the importance of people in the company's success and expressed confidence in Griffin's ability to elevate IZEA's people practices. Griffin aims to create an environment where employees feel empowered, supported, and inspired to excel, driving the company and the broader Creator Economy forward.

IZEA Worldwide, Inc. (Nasdaq: IZEA) has announced a partnership with GP Investments, and a series of value creation actions. Antonio Bonchristiano and Rodrigo Boscolo of GP Investments are joining IZEA's Board of Directors, reflecting GP's substantial shareholding in IZEA. The company is implementing several key changes:

1. Separating the Chairman and CEO roles, with Lindsay Gardner appointed as Chairman.
2. Expanding the share buyback program from $5 million to $10 million.
3. Forming a Strategy & Capital Allocation Committee.
4. Committing resources to M&A opportunities.
5. Reaffirming commitment to profitable growth.

These actions aim to strengthen governance, focus on business growth, and create more value for stakeholders.