IZEA, Inc (IZEA) Reports Q1 Loss of $0.04/sh

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Go back to IZEA, Inc (IZEA) Reports Q1 Loss of $0.04/sh

IZEA Reports Q1 2021 Financial Results

May 13, 2021 4:01 PM EDT

ORLANDO, Fla., May 13, 2021 (GLOBE NEWSWIRE) -- IZEA Worldwide, Inc. (NASDAQ: IZEA), the premier provider of influencer marketing technology, data, and services for the worlds leading brands, reported its financial and operational results for the first quarter ended March 31, 2021.

Q1 2021 Financial Summary Compared to Q1 2020

Total revenue increased 13% to $5.4 million, compared to $4.8 million.Managed Services unit revenue increased 18% to $4.9 million, compared to $4.1 million.SaaS Services unit revenue decreased 21% to $504,000, compared to $639,000.Total costs and expenses decreased 32% to $7.4 million, compared to $10.9... More