NYSE$ZETA

Zeta Global Holdings Corp · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Zeta Global's Q4 2022 financial results were announced, showcasing record revenue and exceeding expectations.

Zeta Global announced record fourth-quarter results, with revenue reaching $175 million, a 30% year-over-year increase. The company's performance was driven by its competitive position and the increasing importance of data and AI in the marketing landscape.

  • Total revenue reached $175 million, a 30% increase year-over-year.
  • Scaled Customer count increased by 14% year-over-year.
  • Quarterly Scaled Customer ARPU increased by 15% year-over-year to $424,000.
  • GAAP net loss was $52 million, influenced by $68 million in stock-based compensation.

Headline financials

Total Revenue

$175M

Previous: $135M+29.7%
EPS (adj)

-$0.36

Previous: -$0.46+21.7%
Capital Expenditures

$5.07M

Previous: $2.6M+95.0%
Free Cash Flow

$13.8M

Previous: $18.3M-24.7%
Net Income

-$51.8M

Previous: -$61.1M+15.4%
Operating Income

-$47.7M

Previous: -$61.2M+22.0%
Gross Profit

$109M

Previous: $85.8M+27.2%
Cash & Equivalents

$121M

Previous: $104M+16.6%
Total Assets

$467M

Previous: $397M+17.4%
Stock-Based Comp

$67.7M

Previous: $70.5M-4.0%

Revenue & EPS history

Zeta Global · Revenue · Quarterly

$175M

Q4 2022+29.7%vs Q4 2021
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Forward guidance

Zeta anticipates revenue between $149 million and $151 million for the first quarter of 2023, representing an 18% to 20% year-over-year increase, and adjusted EBITDA between $22.4 million and $22.7 million, representing a 19% to 21% year-over-year increase.

Tailwinds

  • Revenue of $149 million to $151 million, representing a year-over-year increase of 18% to 20%.
  • Adjusted EBITDA of $22.4 million to $22.7 million, representing a year-over-year increase of 19% to 21%.
  • Adjusted EBITDA margin of 14.8% to 15.2%.
  • Revenue of $686 million to $696 million, representing a year-over-year increase of 16% to 18% for full year 2023.
  • Adjusted EBITDA of $116.5 million to $118.3 million, representing a year-over-year increase of 26% to 28% for full year 2023.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2022

Historical avgQ4 2022

+2.3%

Avg return

Earnings day

-0.7%

Avg return

5 days after

+0.2%

Avg return

30 days after

63%

15 / 24 earnings

Positive

+21.6%

Q2 2022

Best reaction

-20.7%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.0%-6.5%+24.4%
Q4 2025+5.1%+2.4%-14.3%
Q3 2025+19.4%+19.1%+14.1%
Q1 2025+1.3%-2.1%-2.6%
Q4 2024-13.7%-19.6%-33.2%
Q3 2024-20.7%-50.6%-39.5%
Q2 2024+14.3%+4.6%+25.9%
Q1 2024+20.0%+23.2%+29.0%
Q4 2023+2.6%+0.0%+5.8%
Q3 2023+3.8%+4.2%+8.2%
Q2 2023+6.1%-5.9%-14.9%
Q1 2023-9.6%-10.6%-2.9%
Q4 2022+16.3%+15.3%+11.4%
Q3 2022-3.4%-0.5%+5.3%
Q2 2022+21.6%+27.2%+16.0%
Q1 2021-9.7%-2.2%-21.5%
Q1 2022-0.7%+11.0%-7.6%
Q4 2019+8.9%-7.6%-8.6%
Q4 2021+5.7%+15.0%-3.4%
Q3 2020-0.2%-6.3%-14.6%
Q3 2021-3.5%-7.6%-17.5%
Q4 2020+1.0%-7.0%+17.5%
Q2 2020+1.0%-7.0%+17.5%
Q2 2021-10.5%-4.8%+11.0%
Q1 2020

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