IZEA Worldwide, Inc. (NASDAQ:IZEA) Q3 2024 Earnings Conference Call November 14, 2024 5:00 PM ET
Company Participants
Matt Gray - Associate Vice President, Marketing
Peter Biere - Chief Financial Officer
Patrick Venetucci - Chief Executive Officer
Operator
Greetings and welcome to IZEA Worldwide, Inc. Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.
It is now my pleasure to introduce your host, Mr. Matt Gray, Assistant Vice President of Marketing. Thank you, Mr. Gray. You may begin.
Matt Gray
Good afternoon, everyone, and welcome to IZEA's earnings call covering the third quarter of 2024. I'm Matt Gray, AVP of Marketing of IZEA. And joining me on the call are IZEA Chief Financial Officer, Peter Biere; and IZEA Chief Executive Officer, Patrick Venetucci. Thanks for being with us today.
Earlier this afternoon, the company issued a press release detailing IZEA's performance during Q3 2024. If you'd like to review those details, all of our investor information can be found online on our Investor Relations website at izea.com/investors.
Before we begin, please take note of the Safe Harbor paragraph included in today's press release covering IZEA's financial results and be advised that some of the statements that we make today regarding our business, operations and financial performance may be considered forward-looking and such statements involve a number of risks and uncertainties that could cause actual results to differ materially. We encourage you to consider the disclosures contained in our SEC filings for a detailed discussion of these factors.
Our commentary today will also include the non-GAAP financial measure of adjusted EBITDA. Reconciliations between GAAP and non-GAAP metrics for our reported results can also be found in our earnings release issued earlier today and in our publicly available filings.
And with that, I would like to now introduce and turn the call over to IZEA's Chief Financial Officer, Peter Biere. Peter?
Peter Biere
Thank you, Matt, and good afternoon, everyone. I'll review operating results for the quarter ended September 30, 2024, compared to the prior year's quarter and discuss selected balance sheet highlights.
Total revenue for the third quarter of 2024 was approximately $8.8 million or 12% above the prior year quarter. Excluding revenue attributable to the large nonrecurring customer with whom we parted ways in 2023, revenues grew a healthy 27% from the prior year quarter.