IZEA Worldwide Q3 revenue falls 23% on SMB decline

By Reuters News


Overview

  • Influencer marketing firm's Q3 revenue fell 23% yr/yr as non-core SMB revenues declined

  • Company posted Q3 net loss and negative adjusted EBITDA, down from profit a year ago

  • Managed services bookings rose 94% yr/yr, reflecting stronger enterprise customer activity


Outlook

  • IZEA expects Q4 2026 revenue between $7.5 mln and $8.1 mln

  • Company says Q4 outlook reflects contracted bookings and expected campaign timing

  • IZEA does not plan to provide regular financial guidance or update this outlook


Result Drivers

  • SMB RUN-OFF - Co said revenue decline was mainly due to continued run-off of non-core SMB customers, which contributed $1.2 mln in prior yr

  • ENTERPRISE CUSTOMER MIX - Revenue from top three enterprise customers grew 21%, but was outweighed by lower revenue from other established enterprise accounts

  • COST MANAGEMENT - Total costs and expenses fell 16% yr/yr, driven by reduced headcount and lower incentive compensation


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

$6.2 mln

Q3 Net Loss

$443,940

Q3 Adjusted EBITDA

-$213,017


Analyst Coverage

  • The stock recently traded at 81 times the next 12-month earnings vs. a P/E of 126 three months ago


Reuters Recommended Reads

  • Nov 9 - Viant Technology Q3 revenue rises 29% on CTV advertiser strength

  • Nov 9 - Trade Desk Q3 revenue beats analyst estimates

  • Nov 9 - PubMatic's Q3 revenue beats estimates on AI demand


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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