IZEA Worldwide Inc (NASDAQ: IZEA) rose Thursday after the company announced it won multiple significant contracts in December.
The Orlando-based IZEA recently secured a high six-figure influencer and content marketing services contract for a subsidiary of a Fortune 10 company. In addition, IZEA signed a number of six-figure contracts in the month for a variety of clients including a large grocery chain, an international restaurant chain, a Fortune 500 electronics manufacturer, and a Fortune 500 apparel-maker.
IZEA CEO Ted Murphy said, "December was a very successful sales month for the company. We saw renewals from long-time customers as well as a variety of new clients working with IZEA for the first time.
"Our push on software licensing and marketplace commitments had a meaningful impact on the month’s bookings and we are excited by the momentum we have built."
IZEA expects to report Q4 2018 bookings on January 7, 2019.
IZEA Worldwide operates online platforms that connect marketers with content creators. IZEA platforms automate influencer marketing and custom content development, allowing brands and agencies to scale their marketing programs. IZEA influencers include everyday creators as well as celebrities and accredited journalists.
Shares in IZEA progressed 14.49 cents, or 14.3%, to $1.16
