Zeta Global Holdings Corp. - ZETA STOCK NEWS

Zeta (NYSE: ZETA) announces its participation in upcoming investor events, including the 18th Annual Needham Technology & Media Conference and Bank of America’s 2023 Global Technology Conference.

Zeta Global issued a clarification regarding the acquisition of WhatCounts business. The acquisition accounted for $0.8 million of revenue in 1Q'23, contributing to a 0.5% year-over-year revenue growth. Organic growth, excluding the acquisition, was over 24% year-over-year. The WhatCounts contribution for FY'23 is expected to be less than $4 million due to expiration and termination of customer contracts. The acquisition aimed to acquire technology assets and employees to achieve synergies and expand customer base.

Zeta Global (NYSE:ZETA) has announced the release date for its first quarter 2023 financial results, set for May 4, 2023, after market close. Co-Founder and CEO David A. Steinberg, alongside CFO Chris Greiner, will host a conference call at 5:00 p.m. Eastern Time the same day. Investors can access a live webcast and replay on Zeta’s Investor Relations website.

Zeta Global is recognized as an AI-Powered Marketing Cloud, utilizing advanced AI and extensive consumer signals to optimize customer acquisition and retention strategies. The company aims to simplify sophisticated marketing through its Zeta Marketing Platform, unifying identity and omnichannel activation, supported by a substantial proprietary database.

Zeta Global (NYSE: ZETA) has introduced significant innovations in its Zeta Marketing Platform aimed at enhancing marketing efficiency and improving ROI for enterprise clients. Key features include AI-enabled True Omnichannel Forecasting for better campaign predictions, Enhanced Propensity Scoring for real-time audience targeting, and No-code Data Warehouse Mapping for easier data integration. These tools are designed to help marketers navigate challenging market conditions by boosting accuracy in campaigns while minimizing costs.

CEO David A. Steinberg emphasized the importance of predictable marketing returns in uncertain times, highlighting the value of their latest innovations.

Zeta Global (NYSE: ZETA), an AI-Powered Marketing Cloud, has announced its participation in several upcoming investor events. These include the Morgan Stanley Technology, Media & Telecom Conference on March 6, the KBCM 18th Annual Emerging Technology Summit on March 8, and the 35th Annual Roth Conference on March 13. The company will provide live webcasts and replays of its presentations on its Investor Relations website. Zeta Global aims to simplify sophisticated marketing through its platform, enhancing customer engagement across channels.

Zeta Global (NYSE: ZETA) reported robust financial results for the fourth quarter and full year ended December 31, 2022. Revenue reached $175 million in 4Q’22, up 30% Y/Y, and $591 million for the year, a 29% increase. The company expanded its customer base by 14% Y/Y, achieving a 112% Net Revenue Retention in 2022. Notably, quarterly cash flow from operations was $23 million. However, a GAAP net loss of $52 million was reported for 4Q’22, mainly due to $68 million in stock-based compensation. For 2023, Zeta anticipates revenue growth of 16% to 18%.

Zeta Global (NYSE: ZETA) has announced the beta launch of ChatBotZeta, a product that uses generative AI to analyze consumer signals from its Data Cloud. This innovative tool aims to improve marketing efficiency by producing personalized consumer experiences. By leveraging an individual's email, ChatBotZeta can uncover various attributes and preferences, enhancing the Zeta Marketing Platform (ZMP) and empowering marketers to drive better results. The integration of generative language models is expected to boost marketer productivity and provide more meaningful consumer interactions.