IZEA Worldwide (IZEA) stock was up by over 15% at the close of trading on Monday. The reason is that the company said yesterday it has set a Managed Services bookings record for the best Q1 in company history.

The company said it continued the strong momentum that began in Q4, both adding a variety of new customers as well as benefiting from meaningful increases from existing customers. IZEA’s Managed Services bookings climbed 130% year over year in Q1 despite the impact the pandemic has had on a portion of IZEA’s historical customer base.

The company also said that in addition to the contracts it signed in Q1, it begins Q2 with a strong pipeline of additional opportunities with leading brands. The company believes it will attract additional customers for its SaaS offerings moving forward.

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