Zeta Global Continues Streak of Beat-and-Raise Quarters, Stock Rises
Zeta Global Holdings Corp (NYSE: ZETA ) delivered its 20th consecutive beat-and-raise quarter late Tuesday, driven by rapid customer expansion and surging AI adoption across its platform. Zeta Global Holdings stock is at critical resistance. Why is ZETA stock breaking out? Q2 Financial Performance Beats Consensus Total revenue reached $443 million, a 44% increase year-over-year, beating analyst consensus expectations of $420.613 million. The intelligent AI infrastructure provider achieved positive net income of $8 million, generating 3 cents in earnings per share compared to breakeven earnings estimated. Adjusted EBITDA surged to $92 million, expanding margins to 20.7% and achieving the “Rule of 64.” Key operational drivers included a 17% growth in Super-Scaled Customers to 197, alongside a 17% increase in Super-Scaled ARPU to $1.8 million. Net cash from operating activiti...
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