IZEA Worldwide, Inc. (NASDAQ: IZEA) is engaged as a media and marketing company, which focuses on content development, influencer marketing, and other marketing solutions. Shares of the marketing and media company are jumping 32.17%, through early trading on Thursday, August 1, 2019. Over the past three months, IZEA Worldwide has seen average daily volume of 476,220 shares. However, volume of 13.17 million shares or dollar volume of $6.98 million has already exchanged hands through early trading on Thursday.
Shares of IZEA Worldwide are gaining on Thursday, after the company announced that it has won a seven-figure contract with a new customer. The new client is a major global manufacturer. In addition, the company signed a Fortune 1000 beauty brand and expanding relationship with a major movie studio. Here is the full press release detailing of the contract win:
IZEA Worldwide, Inc. Press Release:
Orlando, Florida, Aug. 01, 2019 (GLOBE NEWSWIRE) — IZEAWorldwide, Inc. (NASDAQ: IZEA),operator of IZEAx®, the premier online marketplace connecting brands and publishers with influential content creators, announced today that is has secured a seven-figure contract with a new customer, a manufacturer who ranks among the top 500 public companies globally. In addition, the company has signed a new Fortune 1000 beauty brand, and expanded its relationship with a major movie studio as well as an existing Fortune 10 customer.
IZEA expects to report Q2 earnings on August 13, 2019.
About IZEA Worldwide, Inc.
IZEA Worldwide, Inc. (“IZEA”) operates IZEAx,the premier online marketplace that connects marketers with content creators. IZEAxautomates influencer marketing and custom content development, allowing brands and agencies to scale their marketing programs. IZEA creators include celebrities and accredited journalists. Creators are compensated for producing unique content such as long and short form text, videos, photos, status updates, and illustrations for marketers or distributing such content on behalf of marketers through their personal websites, blogs, and social media channels. Marketers receive influential content and engaging, shareable stories that drive awareness. For more information about IZEA, visit https://izea.com/.
Safe Harbor Statement
All statements in this release that are not based on historical fact are “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “may,” “will,” “would,” “could,” “should,” “expect,” “anticipate,” “estimate,” “believe,” “intend,” “likely,” “projects,” “plans,” “pursue,” “strategy” or “future,” or the negative of these words or other words or expressions of similar meaning. Examples of forward-looking statements include, among others, statements we make regarding expectations concerning IZEA’s ability to increase revenue and bookings, growth or maintenance of customer relationships, and expectations concerning IZEA’s business strategy. Forward-looking statements involve inherent risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, as a result of various factors including, among others, the following: competitive conditions in the content and social sponsorship segment in which IZEA operates; failure to popularize one or more of the marketplace platforms of IZEA; our ability to establish effective disclosure controls and procedures and internal control over financial reporting; our ability to satisfy the requirements for continued listing of our common stock on the Nasdaq Capital Market; changing economic conditions that are less favorable than expected; and other risks and uncertainties described in IZEA’s periodic reports filed with the Securities and Exchange Commission. The forward-looking statements made in this release speak only as of the date of this release, and IZEA assumes no obligation to update any such forward-looking statements to reflect actual results or changes in expectations, except as otherwise required by law.