Thursday, April 6, 2017
IZEA Reports Q1 Bookings of $7.8 Million
ORLANDO, Fla. IZEA, (BUSINESS WIRE) IZEA, Inc. (NASDAQ:IZEA), operator of IZEAx, the premier online marketplace connecting brands and publishers with influential content creators, reported bookings of $7.8 million for the first quarter of 2017, up 5% from $7.4 million in the same year-ago quarter. Bookings is a measure of sales orders minus any cancellations or refunds in a given period. Management uses bookings as a leading indicator of future revenue recognition as revenue is typically recognized within 90-120 days of booking.
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