IZEA - IZEA hints new business sales surge in Q4 2020 shares +30%
IZEA Worldwide ([[IZEA]] +27.9%) says the number of new customers for managed services more than doubled from Q3 to Q4 and new active SaaS customers hit a record during the quarter, largely driven by self-service offerings.The company says the acquisition of new IZEAx Unity Suite customers also saw a dramatic rebound from Q3 lows, reflecting the positive impact of more affordable and flexible licensing options introduced towards the end of Q3."We have been executing against a variety of initiatives on that front, from the launch of BrandGraph and Shake, to the revised pricing and go-to-market strategy for IZEAx Unity Suite. We expect to end the year with a 50% increase in monthly active customers across all lines of our business as compared to the start of the year, largely due to our self-service software offerings," says chairman and CEO Ted Murphy.Previously: IZEA Worldwide EPS beats by $0.02, misses on revenue (Nov. 12)
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IZEA hints new business sales surge in Q4 2020, shares +30%