IZEA Worldwide: Q2 Earnings Insights

Shares of IZEA Worldwide IZEA decreased 13.42% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were up 44.44% over the past year to ($0.05), which were in line with the estimate of ($0.05).

Revenue of $3,135,000 decreased by 20.11% year over year, which missed the estimate of $3,800,000.

Guidance

IZEA Worldwide hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Aug 13, 2020

Time: 05:00 PM

ET Webcast URL: https://izea.com/investor-relations/

Recent Stock Performance

Company's 52-week high was at $3.13

Company's 52-week low was at $0.07

Price action over last quarter: Up 100.99%

Company Profile

IZEA Worldwide Inc is an online marketplace connecting marketers with the content creator that produce and distribute text, videos and photos for marketers, blogs and social media channels. The marketers include brands, agencies, and publishers that use the company's technology for the engagement of online influencers for influencer marketing campaigns or the creation of stand-alone content for distribution through their owned channels. The company provides its services to various industries including consumer products, retail/eTail, technology and travel in the United States, Canada, India, the United Kingdom and various other countries. It operates through two segments namely, Managed Services and SaaS Services.