ORLANDO, FL--(Marketwired - Dec 4, 2013) - IZEA, Inc. (
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On November 6th, IZEA reported record results for its fiscal third quarter ending September 30, 2013. Revenue increased 48% year over year to $1.57 million with a quarterly gross profit margin of 68%, up from 59% in the same period in 2012. The Company booked $5.3M in sales during the first nine months of 2013, or $7.1 million on an annualized run-rate basis.
Founded in 2006, IZEA is the leader in Social Sponsorship. The company builds cloud-based marketplaces that connect brands with creators who blog, tweet, pin, and post on their behalf.
Brands receive influential consumer content and engaging, shareable stories that drive awareness. Creators are compensated for their participation and partnership. For more information about IZEA, visit http://corp.izea.com.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based largely on IZEA's expectations and are subject to a number of risks and uncertainties, certain of which are beyond IZEA's control. Actual results could differ materially from these forward-looking statements as a result of, among other factors, competitive conditions in the Sponsored Social segment in which IZEA operates, failure to popularize one or more of the marketplace platforms of IZEA, inability to obtain additional capital, and changing economic conditions that are less favorable than expected. In light of these risks and uncertainties, there can be no assurance that the forward-looking information contained in this respect will in fact occur. Please read the full statement and disclosures here: http://corp.izea.com/safe-harbor-statement