NASDAQ$IZEA
IZEA Worldwide Inc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
IZEA's financial results for Q3 2020 were reported, showing a revenue decrease but improvement in Adjusted EBITDA compared to both Q3 2019 and Q2 2020.
IZEA Worldwide, Inc. reported a 9% decrease in total revenue to $4.0 million compared to Q3 2019. However, the company saw improvements in both revenue and Adjusted EBITDA compared to the second quarter of 2020. The company ended the quarter with a strong cash balance of $30.6 million.
- Total revenue decreased by 9% year-over-year to $4.0 million.
- Managed Services revenue decreased slightly by 1% to $3.5 million.
- SaaS Services revenue decreased significantly by 39% to $522,000.
- Net loss was $1.3 million, compared to a net loss of $1.2 million in Q3 2019.
Headline financials
Revenue & EPS history
IZEA · Revenue · Quarterly
$4.04M
Revenue by segment
IZEA · $4.04M total across 2 segments · Q3 2020
- Managed Services$3.51M-1.2%87.1%
- SaaS Services$522K-38.8%12.9%
Forward guidance
IZEA is focused on returning to revenue growth by broadening its customer base with emphasis on self-service revenue streams.
Tailwinds
- Strategic investments in technology
- Strategic investments in marketing
- Strategic investments in people
- Broadening customer base
- Emphasis on self-service revenue streams
Headwinds
- Impacts that COVID-19 has had on the marketing budgets of some existing clients
- Challenges associated with the political environment
- Acquisition of new enterprise customers has been very slow since March
- Many existing customers have reduced their marketplace spend
- Challenges with enterprise SaaS until the macro environment stabilizes
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2020
-1.7%
Avg return
Earnings day
-2.5%
Avg return
5 days after
-1.6%
Avg return
30 days after
37%
21 / 57 earnings
Positive
+38.0%
Q4 2016
Best reaction
-27.8%
Q3 2012
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -5.2% | -13.3% | -17.2% | |
| Q4 2025 | -2.3% | +5.1% | +15.7% | |
| Q3 2025 | -1.8% | +5.6% | -1.8% | |
| Q1 2025 | -2.5% | -1.0% | -8.0% | |
| Q4 2024 | -5.3% | +1.2% | -6.0% | |
| Q3 2024 | +1.8% | +0.7% | -9.8% | |
| Q2 2024 | -1.3% | -0.4% | +17.4% | |
| Q1 2024 | -9.4% | -20.2% | -35.7% | |
| Q4 2023 | +3.5% | +3.9% | +24.2% | |
| Q3 2023 | -5.9% | -3.3% | -5.9% | |
| Q2 2023 | -6.4% | -5.9% | -6.8% | |
| Q1 2023 | +5.0% | +12.7% | +27.5% | |
| Q4 2022 | -4.8% | -10.1% | -14.6% | |
| Q3 2022 | -0.7% | -1.3% | -3.6% | |
| Q2 2022 | +8.9% | +0.2% | -12.6% | |
| Q1 2022 | -8.7% | -5.8% | -9.8% | |
| Q4 2021 | +23.0% | -0.7% | -15.2% | |
| Q3 2021 | +2.9% | +13.2% | -23.9% | |
| Q2 2021 | -8.8% | -16.4% | +0.4% | |
| Q1 2021 | -23.2% | -0.3% | -6.7% | |
| Q4 2020 | -3.3% | -1.3% | -2.8% | |
| Q3 2020 | -6.6% | -7.6% | +7.8% | |
| Q2 2020 | -4.3% | -3.6% | -32.3% | |
| Q1 2020 | -0.8% | -9.8% | +172.2% | |
| Q4 2019 | +13.0% | -12.4% | +24.9% | |
| Q3 2019 | -8.8% | -8.8% | -24.6% | |
| Q2 2019 | -19.2% | -19.6% | -36.3% | |
| Q1 2019 | +0.4% | -9.6% | -13.2% | |
| Q4 2018 | -17.9% | -14.3% | -25.0% | |
| Q3 2018 | -7.3% | -11.0% | -25.2% | |
| Q2 2018 | -12.9% | +17.7% | +41.9% | |
| Q1 2018 | -16.5% | -25.7% | -45.6% | |
| Q4 2017 | +25.9% | +8.2% | -6.8% | |
| Q3 2017 | +22.0% | +24.7% | +22.3% | |
| Q2 2017 | +9.1% | +12.8% | +5.5% | |
| Q1 2017 | -16.9% | -23.6% | -32.4% | |
| Q4 2016 | +38.0% | +37.7% | +22.6% | |
| Q3 2016 | -13.7% | -18.1% | -13.0% | |
| Q2 2016 | -0.9% | +3.1% | -11.4% | |
| Q1 2016 | -6.7% | — | — | |
| Q4 2015 | +0.1% | — | — | |
| Q3 2015 | +5.6% | — | — | |
| Q2 2015 | +8.3% | — | — | |
| Q1 2015 | +8.3% | — | — | |
| Q4 2014 | +1.4% | — | — | |
| Q3 2014 | -10.0% | — | — | |
| Q2 2014 | -0.6% | — | — | |
| Q1 2014 | +4.0% | — | — | |
| Q4 2013 | -1.9% | — | — | |
| Q3 2013 | -18.2% | — | — | |
| Q2 2013 | +11.4% | — | — | |
| Q4 2012 | -4.8% | — | — | |
| Q3 2012 | -27.8% | — | — | |
| Q2 2012 | -16.7% | — | — | |
| Q1 2012 | +16.0% | — | — | |
| Q4 2011 | -6.3% | — | — | |
| Q3 2011 | — | — | — | |
| Q2 2011 | +1.6% | — | — | |
| Q1 2011 | — | — | — | |
| Q4 2010 | — | — | — | |
| Q3 2010 | — | — | — | |
| Q2 2010 | — | — | — | |
| Q1 2010 | — | — | — |
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