IZEA Worldwide (NASDAQ:IZEA) issued its quarterly earnings data on Tuesday. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.06) by ($0.03), Morningstar.com reports. The business had revenue of $3.92 million during the quarter. IZEA Worldwide had a negative return on equity of 91.94% and a negative net margin of 26.22%.

IZEA stock traded down $0.12 during mid-day trading on Wednesday, reaching $0.44. 8,096 shares of the stock traded hands, compared to its average volume of 471,603. IZEA Worldwide has a 52 week low of $0.38 and a 52 week high of $3.00. The stock has a 50-day simple moving average of $0.49. The company has a market cap of $15.20 million, a price-to-earnings ratio of -0.65 and a beta of 1.51.

A hedge fund recently raised its stake in IZEA Worldwide stock. Perkins Capital Management Inc. raised its position in shares of IZEA Worldwide Inc (NASDAQ:IZEA) by 77.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 564,500 shares of the company’s stock after acquiring an additional 246,750 shares during the period. Perkins Capital Management Inc. owned approximately 4.39% of IZEA Worldwide worth $649,000 as of its most recent SEC filing. 3.04% of the stock is owned by hedge funds and other institutional investors.

A number of equities research analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of IZEA Worldwide from a “sell” rating to a “hold” rating in a report on Tuesday, July 2nd. ValuEngine upgraded shares of IZEA Worldwide from a “hold” rating to a “buy” rating in a report on Tuesday, July 2nd.

About IZEA Worldwide

IZEA Worldwide, Inc creates and operates online marketplaces that connect marketers and content creators. Its technology solutions enable the management of content workflow, creator search and targeting, bidding, analytics, and payment processing. The company engages creator for influencer marketing campaigns, or to create content for the marketers' use and distribution.

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Earnings History for IZEA Worldwide (NASDAQ:IZEA)

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