IZEA Reports Third Quarter 2018 Results

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Go back to IZEA Reports Third Quarter 2018 Results

IZEA, Inc (IZEA) Tops Q3 EPS by 16c, Revenues Beat

November 14, 2018 4:24 PM EST

IZEA, Inc (NASDAQ: IZEA) reported Q3 EPS of ($0.13), $0.16 better than the analyst estimate of ($0.29). Revenue for the quarter came in at $5.8 million versus the consensus estimate of $5.23 million.

Revenue was $5.8 million in Q3 2018, down 18%, compared to $7.1 million in Q3 2017.Net bookings were $9.5 million, up 20%, compared to $7.9 million.Gross Billings1 were $9.2 million, up 13%, compared to $8.2 million.Revenue from software licensing increased 54x to $486,000, compared to... More