{"id":515770,"date":"2021-07-21T10:03:09","date_gmt":"2021-07-21T14:03:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/izea-secures-million-dollar-influencer-marketing-contract-expansion\/"},"modified":"2021-07-21T10:03:09","modified_gmt":"2021-07-21T14:03:09","slug":"izea-secures-million-dollar-influencer-marketing-contract-expansion","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/izea-secures-million-dollar-influencer-marketing-contract-expansion\/","title":{"rendered":"IZEA Secures Million Dollar Influencer Marketing Contract Expansion"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">Orlando, Florida, July  21, 2021  (GLOBE NEWSWIRE) &#8212; IZEA Worldwide, Inc. (NASDAQ: IZEA), the premier provider of influencer marketing technology, data, and services for the world\u2019s leading brands, announced today that it has been awarded a new $1 million contract expansion to provide influencer marketing services to a Fortune 500 consumer electronics manufacturer.<\/p>\n<p align=\"left\">\u201cTeam IZEA is off to a strong start for Q3 2021, bolstered by several meaningful contract awards from repeat customers,\u201d said Ted Murphy, Founder, Chairman and CEO of IZEA. \u201cWe have already set a record for the best Managed Services bookings in the month of July, and we are continuing to see strong demand for our expertise in the influencer marketing industry.\u201d<\/p>\n<p align=\"left\">IZEA recently announced that Managed Services bookings in the second quarter of 2021 increased 187% to $11.1 million as compared to the second quarter of 2020, which were $3.9 million. IZEA\u2019s net income and cash flow results will be announced, along with the rest of the company\u2019s financial performance, as part of its Q2 2021 earnings release, which is tentatively scheduled for August 12, 2021.<\/p>\n<p align=\"left\">Bookings are a measure of all sales orders minus any known cancellations or refunds with respect to such sales orders or refunds. Management uses bookings to inform expectations of total sales activity. Bookings are not always an indicator of revenue for the quarter and could be subject to future adjustment. Revenue from Managed Services bookings are typically recognized over a 9-month period on average, though larger contracts may be recognized over longer periods of time.<\/p>\n<p align=\"left\">To work with IZEA as either an influencer or a marketer, visit IZEA.com.<\/p>\n<p align=\"left\">\n        <strong>About IZEA Worldwide, Inc.<\/strong><br \/>\n        <br \/>IZEA Worldwide, Inc. (\u201cIZEA\u201d) is a marketing technology company providing software and professional services that enable brands to collaborate and transact with the full spectrum of today\u2019s top social influencers and content creators. The company serves as a champion for the growing Creator Economy, enabling individuals to monetize their content, creativity, and influence. IZEA launched the industry\u2019s first-ever influencer marketing platform in 2006 and has since facilitated nearly 4 million transactions between online buyers and sellers. Leading brands and agencies partner with IZEA to increase digital engagement, diversify brand voice, scale content production, and drive measurable return on investment.<\/p>\n<p align=\"left\">\n        <strong>Safe Harbor Statement<\/strong><br \/>\n        <br \/>All statements in this release that are not based on historical fact are \u201cforward-looking statements\u201d 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 \u201cmay,\u201d \u201cwill,\u201d \u201cwould,\u201d \u201ccould,\u201d \u201cshould,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201chope,\u201d \u201cestimate,\u201d \u201cbelieve,\u201d \u201cintend,\u201d &#8220;likely,&#8221; &#8220;projects,&#8221; \u201cplans,\u201d &#8220;pursue,&#8221; &#8220;strategy&#8221; or &#8220;future,&#8221; 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\u2019s ability to increase revenue and bookings, growth or maintenance of customer relationships, and expectations concerning IZEA\u2019s 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: bookings failing to produce corresponding revenue; 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\u2019s 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.<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI4MzkxMiM0MzA2OTE1IzIwMjU3MTc=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/2fd3406e-e5e4-4249-8205-a2d34ff14795\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>Martin Smith\r\nIZEA Worldwide, Inc.\r\nPhone: 407-674-6911\r\nEmail: ir@izea.com\r\n<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Orlando, Florida, July 21, 2021 (GLOBE NEWSWIRE) &#8212; IZEA Worldwide, Inc. (NASDAQ: IZEA), the premier provider of influencer marketing technology, data, and services for the world\u2019s leading brands, announced today that it has been awarded a new $1 million contract expansion to provide influencer marketing services to a Fortune 500 consumer electronics manufacturer. \u201cTeam IZEA is off to a strong start for Q3 2021, bolstered by several meaningful contract awards from repeat customers,\u201d said Ted Murphy, Founder, Chairman and CEO of IZEA. \u201cWe have already set a record for the best Managed Services bookings in the month of July, and we are continuing to see strong demand for our expertise in the influencer marketing industry.\u201d IZEA recently announced that Managed &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/izea-secures-million-dollar-influencer-marketing-contract-expansion\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;IZEA Secures Million Dollar Influencer Marketing Contract Expansion&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-515770","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IZEA Secures Million Dollar Influencer Marketing Contract Expansion - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/izea-secures-million-dollar-influencer-marketing-contract-expansion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IZEA Secures Million Dollar Influencer Marketing Contract Expansion - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Orlando, Florida, July 21, 2021 (GLOBE NEWSWIRE) &#8212; IZEA Worldwide, Inc. (NASDAQ: IZEA), the premier provider of influencer marketing technology, data, and services for the world\u2019s leading brands, announced today that it has been awarded a new $1 million contract expansion to provide influencer marketing services to a Fortune 500 consumer electronics manufacturer. \u201cTeam IZEA is off to a strong start for Q3 2021, bolstered by several meaningful contract awards from repeat customers,\u201d said Ted Murphy, Founder, Chairman and CEO of IZEA. \u201cWe have already set a record for the best Managed Services bookings in the month of July, and we are continuing to see strong demand for our expertise in the influencer marketing industry.\u201d IZEA recently announced that Managed &hellip; Continue reading &quot;IZEA Secures Million Dollar Influencer Marketing Contract Expansion&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/izea-secures-million-dollar-influencer-marketing-contract-expansion\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-21T14:03:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI4MzkxMiM0MzA2OTE1IzIwMjU3MTc=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/izea-secures-million-dollar-influencer-marketing-contract-expansion\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/izea-secures-million-dollar-influencer-marketing-contract-expansion\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"IZEA Secures Million Dollar Influencer Marketing Contract Expansion\",\"datePublished\":\"2021-07-21T14:03:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/izea-secures-million-dollar-influencer-marketing-contract-expansion\\\/\"},\"wordCount\":664,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/izea-secures-million-dollar-influencer-marketing-contract-expansion\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODI4MzkxMiM0MzA2OTE1IzIwMjU3MTc=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/izea-secures-million-dollar-influencer-marketing-contract-expansion\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/izea-secures-million-dollar-influencer-marketing-contract-expansion\\\/\",\"name\":\"IZEA Secures Million Dollar Influencer Marketing Contract Expansion - 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