IZEA - IZEA Worldwide GAAP EPS of -$0.01 beats by $0.01 revenue of $8.8M misses by $0.95M
2023-03-30 16:06:38 ET
- IZEA Worldwide press release ( NASDAQ: IZEA ): Q4 GAAP EPS of -$0.01 beats by $0.01 .
- Revenue of $8.8M (-14.9% Y/Y) misses by $0.95M .
- Managed Services revenue decreased 15% to $8.4 million, compared to $9.9 million
- SaaS Services revenue decreased 17% to $0.37 million, compared to $0.45 million
- Total costs and expenses were approximately $10.2 million for both periods
- Net loss was $0.9 million compared to net income of $0.3 million
- Adjusted EBITDA* for the quarter was $(0.3) million, compared to $0.5 million
- Cash and investments at December 31, 2022 totaled $70.0 million with no long-term debt
- Shares -0.06% .
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IZEA Worldwide GAAP EPS of -$0.01 beats by $0.01, revenue of $8.8M misses by $0.95M