Zeta Global Holdings Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

Zeta Global Holdings (NYSE:ZETA) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$268.3m (up 42% from 3Q 2023).
• Net loss: US$17.4m (loss narrowed by 60% from 3Q 2023).
• US$0.092 loss per share (improved from US$0.27 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Zeta Global Holdings Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 6.3%. Earnings per share (EPS) missed analyst estimates by 45%.

Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.

Performance of the American Software industry.

The company's shares are down 44% from a week ago.

Valuation

Our analysis of these results suggests Zeta Global Holdings may be undervalued based on 6 important criteria we look at. Click here to view our comprehensive analysis and gain insights into the stock's investment prospects.

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