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IZEA Reports All-Time Record Revenue of $8.2 Million in Q3

IZEA Worldwide, Inc (IZEA)  More Company Research Source: Business Wire
NASDAQ:AMEX Investor Relations: izea.com/investors
PDF First Adjusted EBITDA Positive Quarter Since Becoming a Public Company ORLANDO, Fla.--(BUSINESS WIRE)-- IZEA, Inc. (NASDAQ: IZEA), operator of IZEAx, the premier online marketplace connecting brands and publishers with influential content creators, reported financial results for the third quarter ended September 30, 2017. Q3 2017 Financial Highlights Compared to Same Year-ago Quarter Adjusted EBITDA was $221,000, compared to $(886,000), an improvement of $1.1 million. Total revenue up 9% to $8.2 million, compared to $7.5 million. Managed Services revenue increased 20% to $7.0 million, compared to $5.8 million. Content Workflow revenue decreased 28% to $1.1 million, compared to $1.6 million. Revenue backlog, which includes unbilled bookings and unearned revenue, was $11.0 million at the end of the quarter. [Read more]

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