Izea reports q4 loss per share $0.07

Izea reports q4 and fy2019 financial results.q4 loss per share $0.07.q4 revenue fell 8 percent to $5.8 million.believes there will be near term implications for izea's top line revenue from covid-19.seeing delays across most industries in new contractual.izea worldwide - assume slowdown in both bookings and revenue recognition for foreseeable future and co taking measures to lessen impact on izea.seen material decrease in hosting costs through izeax platform refactoring and tapinfluence platform shutdown.izea worldwide- covid-19 will necessitate accelerating more rigid cost control initiatives.taken measures including hiring freeze and employee reductions.
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