Welcome to our dedicated page for Izea Worldwide news (Ticker: IZEA), a resource for investors and traders seeking the latest updates and insights on Izea Worldwide stock.
IZEA Worldwide Inc (NASDAQ: IZEA) drives innovation in influencer marketing through its AI-powered platforms and SaaS solutions. This news hub provides investors and marketing professionals with essential updates about the company's strategic initiatives, financial performance, and technological advancements.
Access real-time announcements including quarterly earnings reports, partnership agreements with major brands, platform feature launches like IZEA Flex updates, and leadership developments. Our curated collection ensures you stay informed about critical developments affecting IZEA's position in the creator economy.
Key coverage areas span financial disclosures, technology innovations such as the IZZY AI assistant enhancements, strategic brand collaborations, and market expansion updates. Each release is vetted for relevance to investor decision-making and industry trend analysis.
Bookmark this page for streamlined access to IZEA's evolving story in digital marketing. Check regularly for authoritative reporting on how the company continues shaping brand-creator relationships through data-driven solutions.
IZEA Worldwide, Inc. reported a 109% increase in total revenue for Q2 2021, totaling $6.5 million, compared to $3.1 million in Q2 2020. Managed Services revenue rose 146% to $6.1 million, while SaaS Services revenue fell 34% to $425,000. Total expenses increased 74% to $8.6 million, with a net loss of $0.1 million, an improvement from a loss of $1.8 million year-over-year. Managed Services bookings grew by 187%, while the company raised $12.2 million through an offering. IZEA continues to focus on expanding its customer base and enhancing its product offerings.
IZEA Worldwide is collaborating with PlaceIQ to enhance influencer marketing by integrating real-world attribution into campaigns. This partnership enables brands to measure offline actions taken by consumers after engaging with influencer content. Notably, a recent campaign resulted in over 30,000 in-store grocery visits, generating approximately $1.6 million in sales. This collaboration aims to bridge the gap between online impressions and offline consumer behavior, providing actionable insights for brands navigating the post-pandemic landscape.
IZEA Worldwide, Inc. (NASDAQ: IZEA) is set to host a conference call on August 12, 2021, at 5:00 p.m. EDT, to discuss its first quarter financial results. The call will be led by CEO Ted Murphy, CFO Peter Biere, and COO Ryan Schram, followed by a Q&A session. Interested participants are advised to call five minutes prior to the start. A replay will be available from 8:00 p.m. EDT the same day until August 19, 2021. IZEA specializes in connecting brands with content creators and has facilitated nearly 4 million transactions in the creator economy.
IZEA Worldwide has secured a mid six-figure influencer marketing contract from a Fortune 100 Company, marking a significant expansion within the customer’s umbrella. The contract focuses on enhancing consumer adoption of a new children’s entertainment property through influencer engagement across platforms like TikTok and Instagram. July 2021 has been noted as IZEA's best month for Managed Services bookings, exceeding all of Q3 2020. IZEA will announce its Q2 net income and cash flow results on August 12, 2021, as part of its quarterly earnings release.
IZEA Worldwide, Inc. (NASDAQ: IZEA) has secured a new contract with a leading social media platform to manage an influencer marketing campaign for a Fortune 100 apparel company. The mid-six figure agreement enables IZEA to provide comprehensive execution of influencer programs. In Q2 2021, Managed Services bookings rose 187% to $11.1 million compared to $3.9 million in Q2 2020. IZEA plans to announce its Q2 financial results on August 12, 2021, which will include net income and cash flow figures.
IZEA Worldwide, Inc. (NASDAQ: IZEA) has announced a $1 million contract expansion with a Fortune 500 consumer electronics manufacturer. This follows a successful start to Q3 2021, with Managed Services bookings increasing by 187% to $11.1 million in Q2 2021 compared to $3.9 million in Q2 2020. The company is set to release its Q2 financial results on August 12, 2021. Although bookings do not directly translate to revenue, they reflect the strong demand for IZEA's services in influencer marketing.
IZEA Worldwide, Inc. (NASDAQ: IZEA) has secured a mid-six figure managed services contract from a Fortune 200 client, marking its third and largest expansion since Q2 2020. This agreement involves executing influencer marketing campaigns to promote DIY and home improvement products across platforms like Instagram, Pinterest, and YouTube. Notably, Managed Services bookings surged by 187% year-over-year, amounting to $11.1 million in Q2 2021. The company is set to release its complete financial performance during its Q2 earnings report on August 12, 2021.
IZEA Worldwide, Inc. (NASDAQ: IZEA) reported a record for Managed Services bookings in Q2 2021, achieving $11.1 million, a 187% increase from $3.9 million in Q2 2020. The company added numerous new influencer marketing customers, including Fortune 500 brands, and experienced strong repeat business from existing clients. IZEA's total active software customer base more than doubled since June 2020. While bookings are a key sales metric, revenue recognition will vary, with financial results to be announced on August 12, 2021.
IZEA Worldwide, Inc. (NASDAQ: IZEA) announced its inclusion in the Russell Microcap Index, effective June 28, 2021. This membership signifies a year-long position in the index, enhancing visibility and reflecting IZEA's positive momentum. The Russell indexes are essential benchmarks for investment strategies, with around $10.6 trillion in assets linked to them. CEO Ted Murphy highlighted this milestone as a critical aspect of IZEA's growth strategy, aiming to leverage the increased exposure to drive further business development.
IZEA Worldwide, Inc. (NASDAQ: IZEA) has received a $1 million contract expansion from a Fortune 500 consumer electronics manufacturer to enhance its influencer marketing services. This expansion contributes to a record-setting quarter for Managed Services bookings. Although revenue from this contract will primarily be recognized in Q3 and Q4, it will have little impact on Q2 revenue. CEO Ted Murphy highlighted the positive sales momentum and meaningful customer expansions as key achievements for the team.
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