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Zeta: Q3 Earnings Snapshot

By AP News
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NEW YORK (AP) — NEW YORK (AP) — Zeta Global Holdings Corp. (ZETA) on Wednesday reported a loss of $43.1 million in its third quarter.

On a per-share basis, the New York-based company said it had a loss of 27 cents. Earnings, adjusted for stock option expense, were 9 cents per share.

The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 9 cents per share.

The cloud-based marketing technology company posted revenue of $189 million in the period, exceeding Street forecasts. Five analysts surveyed by Zacks expected $178.8 million.

For the current quarter ending in December, Zeta said it expects revenue in the range of $205 million to $209 million.

The company expects full-year revenue in the range of $723 million to $727 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ZETA at https://www.zacks.com/ap/ZETA

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