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Stock impact report

IZEA Reports Second Quarter 2018 Results

IZEA Worldwide, Inc. (IZEA) 
NASDAQ:AMEX Investor Relations: izea.com/investors
Company Research Source: Business Wire
ORLANDO, Fla.--(BUSINESS WIRE)-- IZEA, Inc. (the “Company”) (NASDAQ: IZEA), operator of IZEAx, the premier online marketplace connecting brands and publishers with influential content creators, reported its financial results for the second quarter ended June 30, 2018. Q2 2018 Financial Highlights Compared to Q2 2017 Revenue was $4.1 million in Q2 2018, down 28%, compared to $5.7 million in Q2 2017. Total costs and expenses were $5.8 million, compared to $7.1 million. Net loss was $(1.6) million, compared to a net loss of $(1.4) million. Adjusted EBITDA was $(1.5) million, compared to $(840,000). Trailing Twelve Months Ended June 30, 2018 Compared to Same Year-Ago TTM Revenue decreased 3% to $21.9 million, compared to $22.5 million. Revenue from Managed Services decreased 2% to $21.4 million, compa Show less Read more
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