IZEA - IZEA awarded contract expansion from Fortune 200 customer
fizkes/iStock via Getty Images IZEA Worldwide ([[IZEA]] -0.4%) has been awarded a new contract from a Fortune 200 customer, the third and largest expansion since first engaging IZEA to handle its influencer marketing campaigns in Q2 of 2020. The scope of the mid-six figure managed services agreement is to execute influencer marketing campaigns promoting the customer's products across multiple social platforms, including Instagram, Pinterest, and YouTube. The content will target audiences interested in DIY and home improvement projects. IZEA recently announced that Managed Services bookings in Q2 of 2021 increased 187% to $11.1M as compared to Q2 of 2020, which were $3.9M. Further IZEA’s net income and cash flow results will be announced as part of its Q2 earnings release, which is tentatively scheduled for August 12, 2021.
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IZEA awarded contract expansion from Fortune 200 customer