NYSE$ZETA
Zeta Global Holdings Corp · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Zeta Global reported revenue growth and increased customer counts.
Zeta Global announced its Q4 2023 financial results, reporting a 20% year-over-year increase in revenue to $210 million. The company also saw growth in scaled and super-scaled customer counts and generated $27 million in cash flow from operating activities.
- Total revenue reached $210 million, a 20% increase year-over-year.
- Scaled Customer count increased to 452, up from 403 in Q4 2022.
- Super-Scaled Customer count increased to 131, up from 103 in Q4 2022.
- Cash flow from operating activities was $27 million, compared to $23 million in Q4 2022.
Headline financials
Revenue & EPS history
Zeta Global · Revenue · Quarterly
$210M
Forward guidance
Zeta Global anticipates continued revenue growth and margin expansion. First Quarter 2024 •Revenue of $185 million to $189 million, representing a year-over-year increase of 17% to 20%. •Adjusted EBITDA of $28.8 million to $29.3 million, representing a year-over-year increase of 20% to 22% and an Adjusted EBITDA margin of 15.2% to 15.8%. Full Year 2024 •Revenue of $870 million to $880 million, representing a year-over-year increase of 19% to 21%. •Adjusted EBITDA of $165 million to $167 million, representing a year-over-year increase of 28% to 29% and an Adjusted EBITDA margin of 18.8% to 19.2%. •Free Cash Flow of $75 million to $85 million.
Tailwinds
- Projected revenue increase of 17% to 20% for Q1 2024.
- Anticipated Adjusted EBITDA growth of 20% to 22% for Q1 2024.
- Expected revenue increase of 19% to 21% for full year 2024.
- Forecasted Adjusted EBITDA growth of 28% to 29% for full year 2024.
- Projected Free Cash Flow of $75 million to $85 million for full year 2024.
Headwinds
- Global supply chain disruptions
- Macroeconomic and industry trends and adverse developments in the debt, consumer credit and financial services markets and other macroeconomic factors beyond Zeta’s control
- Increases in our borrowing costs as a result of changes in interest rates and other factors
- The impact of inflation on us and on our customers
- Potential fluctuations in our operating results, which could make our future operating results difficult to predict
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 2023
+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
| Quarter | Report date | Reaction (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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