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Stock impact report

IZEA Reports All-Time Record Quarterly Bookings of $9.5 Million for Third Quarter 2018

IZEA Worldwide, Inc. (IZEA) 
NASDAQ:AMEX Investor Relations: izea.com/investors
Company Research Source: Business Wire
ORLANDO, Fla.--(BUSINESS WIRE)-- IZEA Worldwide, Inc. (NASDAQ: IZEA), operator of IZEAx®, the premier online marketplace connecting brands and publishers with influential content creators, reported total bookings of $9.5 million for the third quarter of 2018, a 20% increase compared to $7.9 million in the same quarter of the prior year. Total bookings are a measure of all sales orders, plus platform spend by self-service customers, minus any known or expected cancellations or refunds with respect to such sales orders or refunds. Management uses bookings to inform expectations of total sales activity. Subsequent revenue recognition and effective margins vary by revenue stream, and bookings are not always an indicator of revenue for the quarter and could be subject to future adjustment. “We are excited by the momentum we have coming out of the third quarter,” said Ted Murphy, IZEA’s Chairman a Show less Read more
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