Welcome to our dedicated page for Izea Worldwide news (Ticker: IZEA), a resource for investors and traders seeking the latest updates and insights on Izea Worldwide stock.
IZEA Worldwide Inc (NASDAQ: IZEA) drives innovation in influencer marketing through its AI-powered platforms and SaaS solutions. This news hub provides investors and marketing professionals with essential updates about the company's strategic initiatives, financial performance, and technological advancements.
Access real-time announcements including quarterly earnings reports, partnership agreements with major brands, platform feature launches like IZEA Flex updates, and leadership developments. Our curated collection ensures you stay informed about critical developments affecting IZEA's position in the creator economy.
Key coverage areas span financial disclosures, technology innovations such as the IZZY AI assistant enhancements, strategic brand collaborations, and market expansion updates. Each release is vetted for relevance to investor decision-making and industry trend analysis.
Bookmark this page for streamlined access to IZEA's evolving story in digital marketing. Check regularly for authoritative reporting on how the company continues shaping brand-creator relationships through data-driven solutions.
IZEA Worldwide, Inc. has achieved a significant milestone with its BrandGraph platform, surpassing 8.5 million influencers and analyzing over 1 billion pieces of social media content. This growth has occurred in less than a year since its launch in March 2020. Recently, BrandGraph introduced Cryptocurrency and Celebrity Classifiers to enhance influencer marketing capabilities, tracking content related to leading cryptocurrencies and prominent celebrities. IZEA aims to leverage machine learning to further enrich its data analytics services, promising enhanced insights for brands.
IZEA Worldwide has launched its new marketplace, Shake, allowing registered users to transact digital services with social media influencers and content creators. The Shake platform aims to facilitate gig work for digital creators, with an average listing price of $1,642 and a competitive transaction fee of 15%. This initiative expands IZEA's reach beyond enterprise customers, promising significant growth potential in the influencer marketing sector, predicted to reach $15 billion by 2022. The launch signals a strategic shift aimed at enhancing creator opportunities and market diversity.
IZEA Worldwide, Inc. (NASDAQ: IZEA) reported a Q3 2020 revenue of $4.0 million, down 9% year-over-year. Managed Services revenue remained nearly flat at $3.5 million, while SaaS Services revenue fell 39% to $522,000. A net loss of $1.3 million was reported, widening from $1.2 million in Q3 2019. Adjusted EBITDA improved to $(0.7) million, a 42% enhancement. The company raised $10.3 million from a securities sale, ending the quarter with $30.6 million in cash. IZEA's focus remains on broadening its customer base and enhancing self-service offerings.
IZEA Worldwide has announced that its BrandGraph platform now analyzes over 7 million influencer accounts, a significant rise from 4.5 million since its launch in March 2020. The platform aggregates and analyzes content data, providing brands with insights into social media engagement, performance benchmarking, and influencer activity. With 870 million pieces of content indexed, BrandGraph offers unique metrics like engagement benchmarking and sentiment analysis, essential for marketers. The platform is integrated with Slack and Microsoft Teams for enhanced user experience.
IZEA Worldwide has secured a mid six-figure contract with a branch of the U.S. military, marking the largest award from a federal agency to date. This follows previous successful influencer marketing campaigns for state and local governments, including a campaign for Kentucky to promote mask-wearing during the pandemic. IZEA's CEO, Ted Murphy, highlighted the increasing mainstream adoption of influencer marketing by the federal government. The company operates the IZEAx platform, connecting marketers with content creators for effective campaigns.
IZEA Worldwide, Inc. (NASDAQ: IZEA) announced a conference call to discuss its third-quarter financial results on November 12, 2020, at 5:00 p.m. Eastern Time. The call will feature CEO Ted Murphy, interim CFO LeAnn Hitchcock, and COO Ryan Schram, followed by a Q&A session. Investors are encouraged to dial in five minutes early. A replay of the call will be available until November 19, 2020. IZEA, a leader in influencer marketing technology, has facilitated nearly 4 million transactions since its founding in 2006, aiding brands in enhancing digital engagement.
IZEA Worldwide, Inc. has announced the launch of Shake, a new online marketplace for creators to offer digital services at self-determined prices. The platform allows influencers, photographers, writers, and musicians to list services for marketers and buyers. An unveiling event held on September 30, 2020, features CEO Ted Murphy discussing Shake's functionalities and integrations with existing platforms. IZEA aims to enhance the Creator Economy, facilitating transactions between brands and content creators, having previously completed nearly 4 million transactions since 2006.
IZEA Worldwide, Inc. (NASDAQ: IZEA) announced the inclusion of FLUVIP, a prominent influencer marketing company in Latin America, into the Influence+United alliance. Founded in 2013 with a strong presence in major Latin American cities, FLUVIP is trusted by over 800 brands and utilizes advanced machine learning for influencer marketing strategies. IZEA's CEO, Ted Murphy, emphasized the significance of the LATAM market, highlighting its urbanization and growing purchasing power. The Influence+United alliance aims to simplify global influencer marketing campaigns through localized expertise.
IZEA Worldwide, Inc. (NASDAQ: IZEA) is launching a new online marketplace called Shake that allows content creators to offer their services at self-determined prices. Set to unveil on September 30, 2020, during a streaming event hosted by CEO Ted Murphy, Shake aims to provide a seamless user experience for marketers to purchase digital services. The event will discuss IZEA's Creator Economy Ecosystem, compare Shake to its existing IZEAx platform, and demonstrate the buying process. IZEA is recognized for facilitating nearly 4 million transactions in influencer marketing.
IZEA Worldwide, Inc. (NASDAQ: IZEA) has welcomed Chtrbox, a leading influencer marketing company in India, to the Influence+United alliance. Founded in 2016, Chtrbox boasts India's most extensive network of influencers. With a young, socially savvy population of 600 million, India is poised to revolutionize advertising. The alliance aims to simplify global influencer campaigns, enhancing collaboration across borders. IZEA and its partners plan to announce additional members in the future, leveraging localized expertise for global brand strategies.
