IZEA - IZEA Worldwide stock surges ~24% after hours on record quarterly revenue

• Shares of micro-cap company IZEA Worldwide ( NASDAQ: IZEA ) jumped 24.2% to $1.13 in Monday postmarket trading, after it reported a record quarterly revenue figure and a narrower loss.
• Orlando, Fla.-based IZEA provides a platform that allows online content creators and managers to upload their work and connect with each other. More than 15M social media influencers uses IZEA, according to the company's website.
• IZEA posted Q2 revenue of $12.58M, a surge of 96% Y/Y. Its net loss was $0.2M compared to $2.1M a year ago.
• Q2 revenue from IZEA's managed services unit more than doubled Y/Y to $12.2M.
• "Demand for Managed Services continues to remain strong as new and existing customers continue to shift marketing spending toward influencer marketing campaigns," IZEA said in the earnings report .
• IZEA stock -32.1% YTD.

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