Zeta Global Holdings Corp. (ZETA) Q2 Revenues Beat
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Zeta Accelerates Second Quarter 2022 Revenue & Profit Growth with Record New Scaled Customer Additions
August 3, 2022 4:05 PM EDTDelivered 2Q22 revenue of $137M, up 28% Y/Y and up 9% Q/Q Added a record 14 new scaled customers in the quarter and grew scaled customer ARPU 19% Y/Y Drove direct platform revenue contribution of 81% vs. 77% in 2Q21, resulting in a 290 bps Y/Y reduction in cost of revenue to 36.6%, or a 390 bps Y/Y reduction excluding stock-based compensation to 35.3%1 Generated cash flow from operating activities of $14.7M, up 93% Y/Y Announcing $50 million stock repurchase and RSA withholding program
NEW YORK--(BUSINESS... More
