From Barchart: 2024-11-11 16:24:16

Zeta Global (NYSE:ZETA) reported Q3 CY2024 results beating revenue expectations, with sales up 42% YoY to $268.3 million. Next quarter’s revenue guidance of $295 million is 9.7% above analyst estimates. GAAP loss was $0.09 per share, 44.6% below consensus. Co-founder and CEO David A. Steinberg praised record-setting results. Zeta offers software and data analytics for marketing. Sales grew at 27.2% CAGR over 3 years, beating the industry average. Billings were $268.2 million, showing strong customer demand. CAC payback period is 3.3 months, indicating efficient customer acquisition. Stock rose 5.2% post-earnings.



Read more at Barchart: Zeta (NYSE:ZETA) Surprises With Strong Q3, Stock Soars