IZEA - NASDAQ

Greetings and welcome to I

Good afternoon, everyone, and welcome to I

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. Demand for Managed Services grew 11% to $7.9 million in the third quarter of 2024 compared to $7.1 million in the prior year's third quarter. This quarter's demand was slightly lower than experienced in the first half of 2024. We believe this decline is due to timing and some reduction in marketing budgets, particularly in emerging markets. It's important to note that I

Thank you, Peter, and good afternoon, everyone. I'm Patrick Venetucci, the new CEO of I

Thank you. We will now be conducting a question-and-answer session. [Operator Instructions] As there are no further questions, ladies and gentlemen, we have reached the end of question-and-answer session. I would now like to turn the floor over to Matt Gray for closing comments.

Thanks so much, Ranju, and thank you, everyone, for joining us this afternoon. As a reminder, you can find all of I