Form 8-K · Current Report · Filed 2024-07-31
Zeta Global Achieves 'Rule of 50' and Raises Revenue Guidance
Zeta Global Holdings Corp. reported record quarterly revenue of $228M, up 33% Y/Y, and raised its 2024 revenue guidance by $25M to a midpoint of $925M, anticipating 27% Y/Y growth. The company's Adjusted EBITDA for Q2 2024 was $38.5M, up 44% Y/Y, and Free Cash Flow was $20M, up 53% Y/Y. Zeta also announced it achieved the 'Rule of 50' with a combined revenue growth percentage and Adjusted EBITDA margin of over 50%, highlighting strong growth and operational efficiency.
- Filer
- Zeta Global Holdings Corp. ZETA · NYSE
- Filed
- Accession
- 0000950170-24-088550
- CIK
- 0001851003
- Signal
- High impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Results of Operations and Financial Condition
Financial Statements and Exhibits
Market reaction
Close before filing
$20.98
Next session
+14.3%
Since filing
+45.6%
Latest close
$30.54
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from ZETA reporting the same item, with the next session's move:
Exhibits (1)
About Zeta Global Holdings Corp.
Zeta Global Holdings Corp. is a data-driven marketing technology company that empowers businesses to personalize customer engagement and communications. Specializing in providing data analytics, artificial intelligence, and software solutions, Zeta Global supports enterprises in effectively reaching and managing their customer bases. The company's platform integrates data-driven insights to optimize the customer experience across various channels such as email, social media, and websites. By focusing on customer lifecycle management, Zeta Global impacts sectors including retail, finance, healthcare, and technology. Founded in 2007, Zeta Global is headquartered in New York City and continues to expand its capabilities through acquisitions and partnerships. Its role in the financial market highlights the growing importance of leveraging big data and innovative technology in customer engagement strategies. Zeta Global assists companies in harnessing the power of digital transformations to maximize marketing efficacy.
Never miss another ZETA filing
Profitelligence watches EDGAR around the clock and alerts you within seconds.