Zeta Global Reports Record Q4 Sales, yet Stock Drops
Zeta Global announced better-than-expected revenue in Q4 CY2024, with sales up 49.6% year on year to $314.7 million. Revenue guidance for the full year exceeded analysts’ estimates, but next quarter’s guidance of $254 million was less impressive, coming in 1.2% below expectations. Its GAAP profit of $0.06 per share was $0.02 above analysts’ consensus estimates.
- The stock drop may signal a loss of investor confidence despite Zeta's solid Q4 performance, highlighting the delicate balance between revenue growth and market sentiment.
- How will Zeta's future sales guidance, particularly its 30.3% year-on-year increase in next quarter, impact its ability to sustain this growth momentum and justify its current valuation?