Latest news with #JohnSculley
Yahoo
6 hours ago
- Business
- Yahoo
Zeta Global Honors Co-founder and Visionary Board Member, John Sculley, on His Retirement
Former Apple CEO played a pivotal role in Zeta's 17-year evolution; becomes Vice Chairman Emeritus NEW YORK, June 09, 2025--(BUSINESS WIRE)--Zeta Global (NYSE: ZETA), the AI marketing cloud, today announced the retirement of John Sculley, Co-founder, Vice Chairman, and Board member, effective immediately. Mr. Sculley's retirement marks the culmination of a remarkable 17-year journey, helping shape Zeta into one of the most innovative companies at the intersection of marketing and technology. Mr. Sculley shared his decision to retire at the Board meeting following today's annual meeting of stockholders. While Mr. Sculley is stepping down from the Board, he will remain a respected member of the Zeta community as Vice Chairman Emeritus, where he will continue to be a trusted advisor to David A. Steinberg and the company's leadership team. "Helping launch and shape Zeta over the past 17 years alongside David Steinberg has been a thrill and one of the greatest honors of my career," said John Sculley. "What began as a bold idea has grown into a company with global reach, real impact, and big ambitions. I'm proud of the foundation we've built and confident in where the Zeta team is headed next. As Vice Chairman Emeritus, I look forward to staying connected and cheering them on." "John has been more than a co-founder and board member – he's been a true partner and a source of enduring inspiration," said David A. Steinberg, Co-Founder, Chairman, and CEO of Zeta Global. "His belief in thinking bigger, along with his pattern recognition and principled leadership, have helped shape Zeta from day one. We're deeply grateful for his contributions and proud to have him remain part of the Zeta family as Vice Chairman Emeritus." Zeta has not announced any plans to replace Mr. Sculley's position on its Board of Directors. To see a full list of Zeta's Board of Directors, visit: About Zeta Global Zeta Global (NYSE: ZETA) is the AI Marketing Cloud that leverages advanced artificial intelligence (AI) and trillions of consumer signals to make it easier for marketers to acquire, grow, and retain customers more efficiently. Through the Zeta Marketing Platform (ZMP), our vision is to make sophisticated marketing simple by unifying identity, intelligence, and omnichannel activation into a single platform – powered by one of the industry's largest proprietary databases and AI. Our enterprise customers across multiple verticals are empowered to personalize experiences with consumers at an individual level across every channel, delivering better results for marketing programs. Zeta was founded in 2007 by David A. Steinberg and John Sculley and is headquartered in New York City with offices around the world. To learn more, go to Forward-Looking Statements This press release, together with other statements and information publicly disseminated by the Company, contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Any statements made in this press release that are not statements of historical fact are forward-looking statements and should be evaluated as such. Forward-looking statements include information concerning our anticipated future financial performance, our market opportunities and our expectations regarding our business plan and strategies. These statements often include words such as "anticipate," "believe," "could," "estimates," "expect," "forecast," "guidance," "intend," "may," "outlook," "plan," "projects," "should," "suggests," "targets," "will," "would" and other similar expressions. We base these forward-looking statements on our current expectations, plans and assumptions that we have made in light of our experience in the industry, as well as our perceptions of historical trends, current conditions, expected future developments and other factors we believe are appropriate under the circumstances at such time. Although we believe that these forward-looking statements are based on reasonable assumptions at the time they are made, you should be aware that many factors could affect our business, results of operations and financial condition and could cause actual results to differ materially from those expressed in the forward-looking statements. These statements are not guarantees of future performance or results. The forward-looking statements are subject to and involve risks, uncertainties and assumptions, and you should not place undue reliance on these forward-looking statements. These cautionary statements should not be construed by you to be exhaustive and the forward-looking statements are made only as of the date of this press release. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. View source version on Contacts Investor Relations Matt Pfauir@ Press Candace Deanpress@
Business Wire
7 hours ago
- Business
- Business Wire
Zeta Global Honors Co-founder and Visionary Board Member, John Sculley, on His Retirement
NEW YORK--(BUSINESS WIRE)-- Zeta Global (NYSE: ZETA), the AI marketing cloud, today announced the retirement of John Sculley, Co-founder, Vice Chairman, and Board member, effective immediately. Mr. Sculley's retirement marks the culmination of a remarkable 17-year journey, helping shape Zeta into one of the most innovative companies at the intersection of marketing and technology. Mr. Sculley shared his decision to retire at the Board meeting following today's annual meeting of stockholders. While Mr. Sculley is stepping down from the Board, he will remain a respected member of the Zeta community as Vice Chairman Emeritus, where he will continue to be a trusted advisor to David A. Steinberg and the company's leadership team. 'Helping launch and shape Zeta over the past 17 years alongside David Steinberg has been a thrill and one of the greatest honors of my career,' said John Sculley. 'What began as a bold idea has grown into a company with global reach, real impact, and big ambitions. I'm proud of the foundation we've built and confident in where the Zeta team is headed next. As Vice Chairman Emeritus, I look forward to staying connected and cheering them on.' 'John has been more than a co-founder and board member – he's been a true partner and a source of enduring inspiration,' said David A. Steinberg, Co-Founder, Chairman, and CEO of Zeta Global. 'His belief in thinking bigger, along with his pattern recognition and principled leadership, have helped shape Zeta from day one. We're deeply grateful for his contributions and proud to have him remain part of the Zeta family as Vice Chairman Emeritus.' Zeta has not announced any plans to replace Mr. Sculley's position on its Board of Directors. To see a full list of Zeta's Board of Directors, visit: About Zeta Global Zeta Global (NYSE: ZETA) is the AI Marketing Cloud that leverages advanced artificial intelligence (AI) and trillions of consumer signals to make it easier for marketers to acquire, grow, and retain customers more efficiently. Through the Zeta Marketing Platform (ZMP), our vision is to make sophisticated marketing simple by unifying identity, intelligence, and omnichannel activation into a single platform – powered by one of the industry's largest proprietary databases and AI. Our enterprise customers across multiple verticals are empowered to personalize experiences with consumers at an individual level across every channel, delivering better results for marketing programs. Zeta was founded in 2007 by David A. Steinberg and John Sculley and is headquartered in New York City with offices around the world. To learn more, go to Forward-Looking Statements This press release, together with other statements and information publicly disseminated by the Company, contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Any statements made in this press release that are not statements of historical fact are forward-looking statements and should be evaluated as such. Forward-looking statements include information concerning our anticipated future financial performance, our market opportunities and our expectations regarding our business plan and strategies. These statements often include words such as 'anticipate,' 'believe,' 'could,' 'estimates,' 'expect,' 'forecast,' 'guidance,' 'intend,' 'may,' 'outlook,' 'plan,' 'projects,' 'should,' 'suggests,' 'targets,' 'will,' 'would' and other similar expressions. We base these forward-looking statements on our current expectations, plans and assumptions that we have made in light of our experience in the industry, as well as our perceptions of historical trends, current conditions, expected future developments and other factors we believe are appropriate under the circumstances at such time. Although we believe that these forward-looking statements are based on reasonable assumptions at the time they are made, you should be aware that many factors could affect our business, results of operations and financial condition and could cause actual results to differ materially from those expressed in the forward-looking statements. These statements are not guarantees of future performance or results. The forward-looking statements are subject to and involve risks, uncertainties and assumptions, and you should not place undue reliance on these forward-looking statements. These cautionary statements should not be construed by you to be exhaustive and the forward-looking statements are made only as of the date of this press release. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.
Yahoo
19-05-2025
- Business
- Yahoo
Zeta's (NYSE:ZETA) Q1 Sales Beat Estimates
Advertising and marketing company Zeta Global (NYSE:ZETA) reported Q1 CY2025 results beating Wall Street's revenue expectations , with sales up 35.6% year on year to $264.4 million. The company expects next quarter's revenue to be around $296.5 million, close to analysts' estimates. Its non-GAAP profit of $0.11 per share was in line with analysts' consensus estimates. Is now the time to buy Zeta? Find out in our full research report. Revenue: $264.4 million vs analyst estimates of $254.1 million (35.6% year-on-year growth, 4.1% beat) Adjusted Operating Income: $29.03 million vs analyst estimates of $25.73 million (11% margin, 12.8% beat) The company slightly lifted its revenue guidance for the full year to $1.24 billion at the midpoint from $1.24 billion EBITDA guidance for the full year is $258.5 million at the midpoint, above analyst estimates of $256 million Operating Margin: -6.1%, up from -18.4% in the same quarter last year Free Cash Flow Margin: 10.7%, similar to the previous quarter Billings: $260.1 million at quarter end, up 32.6% year on year Market Capitalization: $3.29 billion Co-founded by former Apple CEO John Sculley, Zeta Global (NYSE:ZETA) provides software and data analytics tools that help companies market their products to billions of customers. Examining a company's long-term performance can provide clues about its quality. Any business can put up a good quarter or two, but many enduring ones grow for years. Thankfully, Zeta's 30.6% annualized revenue growth over the last three years was impressive. Its growth beat the average software company and shows its offerings resonate with customers. This quarter, Zeta reported wonderful year-on-year revenue growth of 35.6%, and its $264.4 million of revenue exceeded Wall Street's estimates by 4.1%. Company management is currently guiding for a 30.1% year-on-year increase in sales next quarter. Looking further ahead, sell-side analysts expect revenue to grow 19.9% over the next 12 months, a deceleration versus the last three years. Despite the slowdown, this projection is healthy and implies the market is baking in success for its products and services. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) stock benefiting from the rise of AI. Click here to access our free report one of our favorites growth stories. Billings is a non-GAAP metric that is often called 'cash revenue' because it shows how much money the company has collected from customers in a certain period. This is different from revenue, which must be recognized in pieces over the length of a contract. Zeta's billings punched in at $260.1 million in Q1, and over the last four quarters, its growth was fantastic as it averaged 40% year-on-year increases. This performance aligned with its total sales growth, indicating robust customer demand. The high level of cash collected from customers also enhances liquidity and provides a solid foundation for future investments and growth. The customer acquisition cost (CAC) payback period measures the months a company needs to recoup the money spent on acquiring a new customer. This metric helps assess how quickly a business can break even on its sales and marketing investments. Zeta is extremely efficient at acquiring new customers, and its CAC payback period checked in at 5.3 months this quarter. The company's rapid recovery of its customer acquisition costs indicates it has a highly differentiated product offering and a strong brand reputation. These dynamics give Zeta more resources to pursue new product initiatives while maintaining the flexibility to increase its sales and marketing investments. We enjoyed seeing Zeta beat analysts' EBITDA expectations this quarter. We were also happy its billings outperformed Wall Street's estimates. Overall, this print had some key positives. Investors were likely hoping for more, and shares traded down 3.3% to $13.49 immediately following the results. Should you buy the stock or not? What happened in the latest quarter matters, but not as much as longer-term business quality and valuation, when deciding whether to invest in this stock. We cover that in our actionable full research report which you can read here, it's free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
19-05-2025
- Business
- Yahoo
Zeta's (NYSE:ZETA) Q1 Sales Beat Estimates
Advertising and marketing company Zeta Global (NYSE:ZETA) reported Q1 CY2025 results beating Wall Street's revenue expectations , with sales up 35.6% year on year to $264.4 million. The company expects next quarter's revenue to be around $296.5 million, close to analysts' estimates. Its non-GAAP profit of $0.11 per share was in line with analysts' consensus estimates. Is now the time to buy Zeta? Find out in our full research report. Revenue: $264.4 million vs analyst estimates of $254.1 million (35.6% year-on-year growth, 4.1% beat) Adjusted Operating Income: $29.03 million vs analyst estimates of $25.73 million (11% margin, 12.8% beat) The company slightly lifted its revenue guidance for the full year to $1.24 billion at the midpoint from $1.24 billion EBITDA guidance for the full year is $258.5 million at the midpoint, above analyst estimates of $256 million Operating Margin: -6.1%, up from -18.4% in the same quarter last year Free Cash Flow Margin: 10.7%, similar to the previous quarter Billings: $260.1 million at quarter end, up 32.6% year on year Market Capitalization: $3.29 billion Co-founded by former Apple CEO John Sculley, Zeta Global (NYSE:ZETA) provides software and data analytics tools that help companies market their products to billions of customers. Examining a company's long-term performance can provide clues about its quality. Any business can put up a good quarter or two, but many enduring ones grow for years. Thankfully, Zeta's 30.6% annualized revenue growth over the last three years was impressive. Its growth beat the average software company and shows its offerings resonate with customers. This quarter, Zeta reported wonderful year-on-year revenue growth of 35.6%, and its $264.4 million of revenue exceeded Wall Street's estimates by 4.1%. Company management is currently guiding for a 30.1% year-on-year increase in sales next quarter. Looking further ahead, sell-side analysts expect revenue to grow 19.9% over the next 12 months, a deceleration versus the last three years. Despite the slowdown, this projection is healthy and implies the market is baking in success for its products and services. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) stock benefiting from the rise of AI. Click here to access our free report one of our favorites growth stories. Billings is a non-GAAP metric that is often called 'cash revenue' because it shows how much money the company has collected from customers in a certain period. This is different from revenue, which must be recognized in pieces over the length of a contract. Zeta's billings punched in at $260.1 million in Q1, and over the last four quarters, its growth was fantastic as it averaged 40% year-on-year increases. This performance aligned with its total sales growth, indicating robust customer demand. The high level of cash collected from customers also enhances liquidity and provides a solid foundation for future investments and growth. The customer acquisition cost (CAC) payback period measures the months a company needs to recoup the money spent on acquiring a new customer. This metric helps assess how quickly a business can break even on its sales and marketing investments. Zeta is extremely efficient at acquiring new customers, and its CAC payback period checked in at 5.3 months this quarter. The company's rapid recovery of its customer acquisition costs indicates it has a highly differentiated product offering and a strong brand reputation. These dynamics give Zeta more resources to pursue new product initiatives while maintaining the flexibility to increase its sales and marketing investments. We enjoyed seeing Zeta beat analysts' EBITDA expectations this quarter. We were also happy its billings outperformed Wall Street's estimates. Overall, this print had some key positives. Investors were likely hoping for more, and shares traded down 3.3% to $13.49 immediately following the results. Should you buy the stock or not? What happened in the latest quarter matters, but not as much as longer-term business quality and valuation, when deciding whether to invest in this stock. We cover that in our actionable full research report which you can read here, it's free.
Yahoo
14-05-2025
- Business
- Yahoo
Q1 Earnings Roundup: Zeta (NYSE:ZETA) And The Rest Of The Advertising Software Segment
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let's take a look at how Zeta (NYSE:ZETA) and the rest of the advertising software stocks fared in Q1. The digital advertising market is large, growing, and becoming more diverse, both in terms of audiences and media. As a result, there is a growing need for software that enables advertisers to use data to automate and optimize ad placements. The 6 advertising software stocks we track reported a strong Q1. As a group, revenues beat analysts' consensus estimates by 5.4% while next quarter's revenue guidance was 3.4% below. Luckily, advertising software stocks have performed well with share prices up 13.1% on average since the latest earnings results. Co-founded by former Apple CEO John Sculley, Zeta Global (NYSE:ZETA) provides software and data analytics tools that help companies market their products to billions of customers. Zeta reported revenues of $264.4 million, up 35.6% year on year. This print exceeded analysts' expectations by 4.1%. Overall, it was a strong quarter for the company with a solid beat of analysts' EBITDA estimates and an impressive beat of analysts' billings estimates. Zeta achieved the highest full-year guidance raise of the whole group. Unsurprisingly, the stock is up 9.8% since reporting and currently trades at $14.87. Is now the time to buy Zeta? Access our full analysis of the earnings results here, it's free. Co-founded by Adam Foroughi, who was frustrated with not being able to find a good solution to market his own dating app, AppLovin (NASDAQ:APP) is both a mobile game studio and provider of marketing and monetization tools for mobile app developers. AppLovin reported revenues of $1.48 billion, up 40.3% year on year, outperforming analysts' expectations by 7.3%. The business had a very strong quarter with EBITDA guidance for next quarter exceeding analysts' expectations. AppLovin delivered the fastest revenue growth among its peers. The market seems happy with the results as the stock is up 21.8% since reporting. It currently trades at $370. Is now the time to buy AppLovin? Access our full analysis of the earnings results here, it's free. Founded by former Microsoft engineers Jeff Green and Dave Pickles, The Trade Desk (NASDAQ:TTD) offers cloud-based software that uses data to help advertisers better plan, place, and target their online ads. The Trade Desk reported revenues of $616 million, up 25.4% year on year, exceeding analysts' expectations by 7%. It was a good quarter as it locked in an impressive beat of analysts' EBITDA estimates and a solid beat of analysts' billings estimates. Interestingly, the stock is up 30.4% since the results and currently trades at $78.20. Read our full analysis of The Trade Desk's results here. Founded in 2009, Integral Ad Science (NASDAQ:IAS) provides digital advertising verification and optimization solutions, ensuring that ads are viewable by real people in brand-safe environments across various platforms and devices. Integral Ad Science reported revenues of $134.1 million, up 17.1% year on year. This print beat analysts' expectations by 3.2%. Taking a step back, it was a mixed quarter as it also produced a solid beat of analysts' EBITDA estimates. Integral Ad Science had the weakest full-year guidance update among its peers. The stock is up 5.4% since reporting and currently trades at $8.60. Read our full, actionable report on Integral Ad Science here, it's free. Founded in 2006 as an online ad platform helping ad sellers, Pubmatic (NASDAQ: PUBM) is a fully integrated cloud-based programmatic advertising platform. PubMatic reported revenues of $63.83 million, down 4.3% year on year. This result topped analysts' expectations by 2.8%. Zooming out, it was a mixed quarter as it also logged an impressive beat of analysts' EBITDA estimates. PubMatic had the weakest performance against analyst estimates and slowest revenue growth among its peers. The stock is up 6.9% since reporting and currently trades at $11.74. Read our full, actionable report on PubMatic here, it's free. In response to the Fed's rate hikes in 2022 and 2023, inflation has been gradually trending down from its post-pandemic peak, trending closer to the Fed's 2% target. Despite higher borrowing costs, the economy has avoided flashing recessionary signals. This is the much-desired soft landing that many investors hoped for. The recent rate cuts (0.5% in September and 0.25% in November 2024) have bolstered the stock market, making 2024 a strong year for equities. Donald Trump's presidential win in November sparked additional market gains, sending indices to record highs in the days following his victory. However, debates continue over possible tariffs and corporate tax adjustments, raising questions about economic stability in 2025. Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.
