IZEA - IZEA managed services bookings reports 47% Q4 growth

IZEA Worldwide ([[IZEA]] -6.3%) has been awarded a new contract for influencer marketing services from an existing customer who is a Fortune 100 retailer.The customer will be expanding its influencer marketing initiatives with IZEA in 2021.Along with this contract, IZEA's Managed Services bookings grew 47% Y/Y in 4Q20.Q4 bookings surge enabled the company to more than offset the Managed Services bookings deficit created earlier this year.Annualized bookings have now grown 12% vs. 2019 levels, despite multiple months of low sales and high cancellations experienced at the onset of the pandemic.

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IZEA managed services bookings reports 47% Q4 growth