SOURCE: IZEA, Inc.

IZEA, Inc.

October 07, 2015 08:00 ET

IZEA Q3 2015 Bookings Grow 230% Year Over Year

All-Time Quarterly Record of $6.7M

ORLANDO, FL--(Marketwired - October 07, 2015) - IZEA, Inc. (OTCQB: IZEA), operator of the premier online marketplace that connects brands with influential content creators, announced 230 percent year over year bookings growth in the third quarter of 2015 to $6.7 million, the highest quarterly performance in the history of the company. The Company's bookings growth was fueled by a combination of content and sponsored social sales. IZEA's sponsored social sales grew to $3.8M in the quarter, up from $2.0M in Q2 2015 and an 89 percent year over year increase.

"Our team delivered another exceptional sales quarter, during a period that is typically slower in our industry. We benefitted greatly from the effort put forward to build our record Q2 pipeline and continued to see escalation of deal size in both content and sponsored social," said Ted Murphy, IZEA's Chairman and Chief Executive Officer. "Not only did we have our best quarter in the history of the company, we also booked the largest individual deal in our history in Q3, and had our first month with bookings in excess of $3 million. We continue to build momentum and execute on our plan. I am thankful for the tremendous effort put forth by team IZEA in Q3 and looking forward to Q4."

The company plans to release full financial results for Q3 2015 on November 10th.

About IZEA

IZEA operates the premier online marketplace that connects brands with influential content creators. IZEA creators range from leading bloggers and social media personalities to A-List celebrities and professional journalists. Creators are compensated for developing and distributing unique content on behalf of brands including long form text, videos, photos and status updates. Brands receive influential consumer content and engaging, shareable stories that drive awareness. For more information about IZEA, visit http://corp.izea.com.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Statements in this press release that are forward-looking include the company's bookings. These forward-looking statements are based largely on IZEA's expectations and are subject to a number of risks and uncertainties, certain of which are beyond IZEA's control. Actual results could differ materially from these forward-looking statements as a result of, among other factors, competitive conditions in the social sponsorship segment in which IZEA operates, failure to popularize one or more of the marketplace platforms of IZEA, inability to obtain additional capital, and changing economic conditions that are less favorable than expected. In light of these risks and uncertainties, there can be no assurance that the forward-looking information contained in this respect will in fact occur. Please read the full statement and disclosures here: http://corp.izea.com/safe-harbor-statement.

Contact Information

  • IZEA Investor Relations:
    Budd Zuckerman
    Genesis Select
    (303) 415-0200
    Email contact

    IZEA Media Relations:

    Brent Diggins
    Allison+Partners
    (623) 201-5567
    Email contact