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IZEA — IZEA Worldwide News Story

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IZEA Worldwide Q1 revenue falls after exit from SMB accounts

Overview

Influencer marketing firm's Q1 revenue fell 18% yr/yr as company exited SMB accounts

Net loss widened in Q1, reflecting lower revenue and increased adjusted EBITDA loss

Company launched AI-powered ZED platform and made strategic growth hires during the quarter

Outlook

Company expects several large enterprise accounts to contribute to growth in 2026

Result Drivers

EXIT FROM SMB ACCOUNTS - Revenue declined as IZEA exited small and mid-size business accounts to focus on higher-margin enterprise clients

CONTRACT TIMING - Managed Services bookings fell due to contract timing within several large enterprise accounts, which the company expects to contribute to growth in 2026

COST REDUCTIONS - Total costs and expenses decreased 10% yr/yr, mainly from lower sales and marketing payroll and delivery volume

Company press release: ID:nGNXY74d5

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 Revenue$6.6 mln
Q1 EPS-$0.04
Q1 Net Income-$800,000
Q1 Adjusted EBITDA-$500,000
Analyst Coverage The stock recently traded at 161 times the next 12-month earnings vs. a P/E of 29 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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