IZEA Worldwide surges after swinging to profit in Q4
31/03/2022 11:04
** Shares of IZEA Worldwide Inc IZEA.O up ~33% at $1.92 in
premarket trade after positive quarterly results
** Stock among top three pct gainers on the Nasdaq
** IZEA on track for best day since January 2021, if gains
hold
** Co posted a Q4 profit of $311,513, or 1 cent per share,
vs a net loss of $1.09 mln, or 2 cents per share, a year ago
** Revenue rose 62% y/y to a record $10.3 mln
** Co hit an all-time record for number of customers
licensing its SaaS products urn:newsml:reuters.com:*:nGNX3h3jfz
** Up to Wednesday's close, stock had risen 7.46% so far
this year vs a 4.05% slide in the S&P 500
(Reporting by Sohini Podder in Bengaluru)
((sohini.podder@thomsonreuters.com))