Welcome to our dedicated page for Zeta Global Holdings news (Ticker: ZETA), a resource for investors and traders seeking the latest updates and insights on Zeta Global Holdings stock.
Overview
Zeta Global Holdings Corp is a pioneering data-driven technology company that redefines how enterprises engage with consumers. At its core, Zeta Global leverages extensive data analytics, advanced machine learning, and precision marketing to create an omnichannel communication environment that continuously connects brands with their customers. Employing sophisticated identity data and consumer intelligence, the company powers its state-of-the-art Zeta Marketing Platform (ZMP) to enhance customer acquisition, retention, and overall engagement.
Core Business and Technology
The company operates a comprehensive, cloud-based platform that amalgamates data science, strategy, and technology to drive actionable insights. By processing billions of structured and unstructured data points, Zeta Global is able to predict consumer intent and tailor marketing strategies with high precision. Its platform is built on a robust SaaS foundation, enabling seamless integration of big data analytics with real-time marketing automation and customer lifecycle management. This technological prowess underpins its ability to deliver optimized, evidence-based customer experiences across multiple touchpoints.
Omnichannel Strategy
Central to Zeta Global's value proposition is its innovative omnichannel approach. The company ensures that brands are equipped to interact with consumers at every stage of their journey, whether it is through digital platforms, email, mobile applications, or social media. The continuous, data-driven dialogue facilitated by the platform is essential for crafting personalized customer experiences. Enterprise clients benefit from the capacity to execute targeted campaigns that are both adaptive and informed by a deep well of consumer data.
Market Position and Industry Reach
With a strong emphasis on data science and advanced analytics, Zeta Global occupies a unique position in the marketing technology ecosystem. Serving a diverse range of industries such as financial services, insurance, telecommunications, automotive, travel, hospitality, and retail, the company has established itself as a trusted provider of marketing automation solutions. Its global operations enable it to combine insights from disparate markets, offering a well-rounded perspective that enhances its service delivery and client engagement strategy.
Operational Excellence and Data-Driven Insights
The operational model at Zeta Global is characterized by the integration of cutting-edge machine learning algorithms with an extensive, opted-in data set. This dual strategy not only supports predictive analytics but also enriches the customer lifecycle management process, ensuring that every interaction is informed by sophisticated, actionable insights. The result is a platform that continuously adapts to market dynamics and consumer behaviors, thereby fostering long-term engagement and improved campaign outcomes.
Expertise in Precision Marketing
Demonstrating deep industry expertise, Zeta Global combines technological innovation with creative strategy, making it a formidable presence in the data-driven marketing landscape. The company's ability to synthesize complex data points into clear, strategic insights has solidified its reputation as an authoritative resource in precision marketing. This focus on leveraging technology to drive measurable marketing success not only distinguishes it within a competitive industry but also reinforces its commitment to delivering value-driven, customer-centric solutions.
Global Reach and Client-Centric Approach
Zeta Global extends its reach across multiple continents, positioning itself as a global player in marketing technology. The company engages with a wide spectrum of enterprise customers, from Fortune 1000 companies to mid-market brands, and caters to a variety of sectors with diverse consumer bases. Its client-centric approach, built on continuous data integration and advanced analytics, ensures that businesses can effectively navigate the complexities of modern consumer behavior.
Conclusion
In summary, Zeta Global Holdings Corp stands out as a credible and innovative entity within the realm of digital marketing and consumer intelligence. Its robust, omnichannel cloud platform not only optimizes customer experiences through actionable data insights but also supports enterprises in achieving a nuanced understanding of market trends. This comprehensive, data-driven approach encapsulates the essence of precision marketing, making Zeta Global a cornerstone in the evolution of marketing technology.
Zeta Global (NYSE:ZETA) announced a webinar scheduled for Wednesday, November 20 at 3:30 p.m. Eastern Time, hosted by William Blair's Partner Arjun Bhatia. Key company executives, including CEO David Steinberg, CFO Chris Greiner, and Audit Committee Chair Robert Niehaus, will discuss the company's accounting processes, controls, data collection policies, and privacy oversight. The webinar follows a recent short-seller report, to which Zeta has issued a preliminary response. Registration is available through William Blair representatives, and a replay will be accessible on Zeta's Investor Relations website.
Zeta Global (NYSE: ZETA) announced a new $100 million stock repurchase program for its Class A common stock, extending through December 31, 2026. This supplements their existing program from August 2022, which has $14.7 million remaining and expires December 31, 2024. The company plans to use various methods for repurchases, including open market purchases and privately negotiated transactions. Management expects to generate significant free cash flow over the next two years and believes the current stock valuation presents a unique opportunity for share repurchases.
Zeta Global (NYSE: ZETA) has issued a response to a short-seller report published by Culper Research, strongly refuting its claims as misleading and false. The company emphasizes that its independent auditor is Deloitte, not E&Y as incorrectly stated in the report, and confirms its confidence in internal accounting processes and controls. Zeta clarifies that revenue from customers who are also vendors is insignificant, and the combined revenue contribution from Apptness and ArcaMax is less than 3% year-to-date through Q3 2024. The company denies operating 'consent farms' and affirms its commitment to data protection and privacy compliance.
Zeta Global (NYSE: ZETA) reported strong Q3 2024 results with revenue reaching $268.3 million, up 42% year-over-year. The company achieved significant financial milestones, including a 41% growth in Direct platform revenue, representing 70% of total revenue. Scaled Customer ARPU increased 33% Y/Y to $557,231, while operating cash flow grew 51% Y/Y to $34.4 million. Despite posting a GAAP net loss of $17.4 million, Adjusted EBITDA rose 59% Y/Y to $53.6 million. The company raised its Q4 2024 revenue guidance to $293-297 million and full-year 2024 guidance to $984.1-988.1 million.
The Zeta Economic Index (ZEI) for October 2024 shows a stable US economy with an Economic Index Score (EIS) of 68.5 points, remaining flat month-over-month. The index, powered by AI technology analyzing data from over 240 million US consumers, indicates robust economic activity despite challenges from weather events, labor strikes, and political uncertainty. Key economic indicators show GDP growth at 2.8% and reduced inflation at 2.4%. Consumer behavior reveals a 1.6% decline in discretionary spending while online browsing increased by 7.7%. The technology sector experienced a 4.2-point decline due to reduced spending and supply chain challenges.
Zeta Global (NYSE: ZETA) has successfully completed its acquisition of LiveIntent, a pioneer in people-based marketing. This strategic move is set to enhance the Zeta Marketing Platform, strengthen the Zeta Data Cloud, and advance Zeta's position in AI-powered marketing. The acquisition brings LiveIntent's assets, publisher network, and channel capabilities into Zeta's fold.
CEO David A. Steinberg emphasized that the acquisition is accretive to Zeta's financial profile and will deliver increased value to enterprises while extending the platform to the publisher ecosystem. The integration is expected to expand gross margins and accelerate the shift of revenue from agency customers to direct channels. Detailed transaction information is available in Zeta's Press Release and 8-K filed with the SEC on October 8, 2024.
Zeta (NYSE: ZETA), the AI-Powered Marketing Cloud, has announced plans to release its third quarter 2024 financial results after the market close on Monday, November 11, 2024. Following the release, Co-Founder, Chairman, and CEO David A. Steinberg and CFO Chris Greiner will host a conference call at 4:30 p.m. Eastern Time on the same day.
Investors and interested parties can access a live webcast and replay of the conference call on Zeta's Investor Relations website at http://investors.zetaglobal.com. The company has chosen to release its earnings at a later date than usual due to the timing of the election.
Zeta Global (NYSE: ZETA) has announced an agreement to acquire LiveIntent for $250 million, enhancing its AI-Powered Marketing Cloud capabilities. The acquisition will expand Zeta's identity graph with over 235 million unique hashed email addresses per month, launch a new Publisher Cloud with 2,000+ premium publishers, and accelerate growth in mobile and retail media.
The deal meets Zeta's four M&A principles and is expected to be immediately accretive to earnings. The transaction includes $77.5 million in cash and $172.5 million in common stock, with a potential earnout of up to $75 million over three years. Zeta has also agreed to issue $25 million in Performance Stock Units to LiveIntent's management team.
The acquisition is set to close in Q4 2024, subject to customary conditions. Zeta has reaffirmed its Q3 2024 guidance, projecting revenue of at least $255 million and Adjusted EBITDA of at least $50.2 million.
Zeta Global's annual conference, Zeta Live 2024, achieved record attendance with over 1,100 in-person attendees and more than 16,000 virtual registrations, doubling year-over-year. The event, held in NYC on September 26, 2024, focused on the transformative impact of AI on marketing and business. It featured notable speakers like Shaquille O'Neal, Michael Milken, and Dr. Deepak Chopra, along with business leaders from major companies.
The conference showcased Zeta's new products, including an intelligent mobile product and expanded generative AI Agents for the Zeta Marketing Platform. Sessions covered topics such as AI's impact on marketing strategies and Zeta's product roadmap. The growing interest in Zeta Live reflects the emergence of generative AI as a catalyst for marketing transformation and Zeta's rising profile in the AI-powered marketing space.
The Zeta Economic Index (ZEI) for September 2024, released by Zeta Global (NYSE: ZETA), indicates steady expansion in the US economy. The Economic Index Score reached 69.1 points, showing a 1.0% month-over-month increase. This reflects stabilizing consumer confidence, increased business activity, and improved job market sentiment.
Key highlights include:
- Consumer Purchasing Power expanding, with Discretionary Spend Propensity up 7.2% and Credit Line Expansion Intent up 18.4%
- Job Market Sentiment improved by 0.6%
- Mixed vertical strength, with the Financial Sector down 1.8 points and Travel sector up 9.2 points
- Auto Sector experiencing an 11.1% decline
The ZEI utilizes AI to analyze trillions of behavioral signals from over 240 million US consumers, providing comprehensive scores reflecting economic sentiment and trends.
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