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Stockreport

IZEA Reports Second Quarter 2017 Results

IZEA Worldwide, Inc (IZEA)  More Company Research Source: Business Wire
NASDAQ:AMEX Investor Relations: izea.com/investors
PDF Managed Services Revenue up 7% to $5.6 Million ORLANDO, Fla.--(BUSINESS WIRE)-- IZEA, Inc. (NASDAQ: IZEA), operator of IZEAx, the premier online marketplace connecting brands and publishers with influential content creators, reported results for the second quarter ended June 30, 2017. Q2 2017 Financial Highlights vs. Same Year-ago Quarter Revenue up 1% to $7.0 million vs. $6.9 million. Managed Services revenue increased 7% to $5.6 million vs. $5.2 million. Content Workflow revenue decreased 15% to $1.4 million vs. $1.6 million. Revenue backlog, which includes unbilled bookings and unearned revenue, was $11.4 million at the end of Q2 2017. Net bookings decreased 3% to $6.6 million compared to $6.8 million. Gross profit increased 1% to $3.5 million, with gross margin of 51%. Trailing Tw [Read more]

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