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home / news releases / IZEA - IZEA nabs multiple contract expansions from leading brands

IZEA - IZEA nabs multiple contract expansions from leading brands

IZEA Worldwide Inc.
IZEA Worldwide ([[IZEA]] -9.5%) received a series of Managed Services contract expansions from repeat customers which are Fortune 200 clients.IZEA Managed Services bookings for 1Q21 to date are now more than 20% greater than Managed Services bookings for all of the year ago quarter, with five weeks of business development activity still remaining in the quarter.Revenue from Managed Services bookings are typically recognized over a 6-month period on average."We have a robust pipeline of both new and existing customers, and we intend to capitalize on our momentum," chairman & CEO Ted Murphy commented.

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IZEA nabs multiple contract expansions from leading brands
Stock Information
Company Name: IZEA Worldwide Inc.
Stock Symbol: IZEA
Market: NASDAQ
Website: izea.com
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