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Stock impact report

Q1 Surge: Banzai Welcomes Over 580 New Customers in Q1 [Yahoo! Finance]

loanDepot, Inc. Class A (LDI) 
Company Research Source: Yahoo! Finance
NASDAQ: BNZI ), a leading marketing technology company providing essential marketing and sales solutions, announced exceptional customer growth in Q1 2024. Banzai added over 580 customers in Q1 2024. Of this, 400 were net new customers and 180 were reactivating customers since January 1, 2024, highlighting the effectiveness of Demio, Banzai's webinar platform, and Reach, the company's event marketing solution. Banzai's new customer acquisition represents a quarterly increase of 46% compared to the 397 net new and reactivating customers Banzai added in Q4 2023. The majority of this increase was driven by growth in the Demio business unit, with additional momentum from sales and marketing execution in the Reach business unit. Banzai's newly added Q1 customers include Cisco , a Fortune 500 networking and security technology company; LoanDepot (NYSE: LDI), a publicly-traded online mortgage broker; Enovis (NYSE: ENOV), a leading medical technology company; Fluence , a Siemens and AES C Show less Read more
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