Core Viewpoint - Kessler Topaz Meltzer & Check, LLP is investigating potential violations of federal securities laws related to Zeta Global Holdings Corp following allegations of deceptive data collection practices [1][2]. Group 1: Allegations and Impact - Culper Research published a report on November 13, 2024, claiming that Zeta has been operating "consent farms," which are misleading websites that trick consumers into providing their data under false pretenses [2]. - Following the report, Zeta's stock price dropped by $10.48 per share, representing a decline of 37.14%, closing at $17.74 per share on the same day [2]. Group 2: Legal Investigation - Kessler Topaz Meltzer & Check, LLP is actively seeking information from Zeta investors regarding the investigation into the alleged securities law violations [3]. - The law firm has a history of prosecuting class actions related to securities fraud and has recovered billions for investors globally [3].

RADNOR, Pa., Nov. 15, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Zeta Global Holdings Corp. (NYSE: ZETA) ("Zeta").On November 13, 2024, Culper Research published a report alleging that Zeta has been engaging in deceptive data collection practices. Specifically, the report alleged that "Zeta has quietly spun up its own network of consent farms i.e., sham website ...

Core View - Zeta Global Holdings Corp experienced a significant decline in its share price following a short report by Culper Research, which raised concerns about the company's business practices and financial disclosures [1][3] - The short report alleges that Zeta's revenue growth and financials may be inflated due to questionable data collection practices and revenue recognition methods [3] Investigation Details - Hagens Berman is investigating the propriety of Zeta's disclosures concerning its business practices, including revenue recognition and sources of growth [2] - The investigation focuses on whether Zeta may have misled investors about its business practices and prospects [4] Allegations in the Short Report - Culper Research alleges that Zeta has formed "two-way" contracts with third-party consent farms, acting as both a supplier and buyer of consumer data, which may flatter reported revenue growth and raise round-tripping concerns [3] - Culper Research also claims that Zeta has created its own network of consent farms, which are sham websites that trick consumers into handing over their data under false pretenses, and these farms have driven 56% of Zeta's reported Adj EBITDA over the last 2+ years [3] Market Reaction - Zeta's share price crashed by $10 46, or 37%, on November 13, 2024, following the publication of the short report [3] Legal and Regulatory Context - Hagens Berman encourages investors who suffered substantial losses to submit their losses and persons with knowledge to assist the investigation [1][4] - Whistleblowers with non-public information regarding Zeta may consider their options to help in the investigation or take advantage of the SEC Whistleblower program, which offers rewards of up to 30% of any successful recovery made by the SEC [4]

Group 1 - Zeta Global Holdings reported quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.17 per share, but showing an increase from $0.09 per share a year ago, resulting in an earnings surprise of -5.88% [1] - The company posted revenues of $268.3 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 5.16%, and up from $188.98 million year-over-year [2] - Zeta shares have increased approximately 303.4% since the beginning of the year, significantly outperforming the S&P 500's gain of 25.7% [3] Group 2 - The current consensus EPS estimate for the upcoming quarter is $0.21 on revenues of $266.8 million, and for the current fiscal year, it is $0.57 on revenues of $946.91 million [7] - The Zacks Industry Rank indicates that the Technology Services sector is in the top 26% of over 250 Zacks industries, suggesting a favorable outlook for stocks within this industry [8]

Wall Street expects a year-over-year increase in earnings on higher revenues when Zeta Global Holdings (ZETA) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on November 11, 2024, might help the stock move higher if these key numbers are b ...

Core Viewpoint - Zeta Global Holdings Corp's acquisition of LiveIntent is expected to enhance its earnings and marketing platform capabilities, leading to a 5.12% rise in its stock price [1] Financial Performance - Zeta Global's stock is currently trading at $33.47 with a market capitalization of $7.71 billion, but it is considered "Significantly Overvalued" with a GF Value of 10.19, indicating a premium over its intrinsic value [2] - The company's Altman Z-Score is strong at 9.99, reflecting commendable financial strength, although the Sloan Ratio indicates poor quality of earnings [3] - Zeta Global has negative profitability metrics, including an EBITDA margin of -9.77% and an Operating Margin of -15.99% [4] Industry Position - As a data-driven marketing software company, Zeta Global serves various industries, including financial services and telecommunications, showcasing its broad market reach [4] Conclusion - The acquisition of LiveIntent presents potential growth for Zeta Global, but investors should consider the high valuation metrics alongside the company's financial strengths and weaknesses [5]

Core Viewpoint - Levi & Korsinsky has initiated an investigation into Zeta Global Holdings Corp for potential breaches of fiduciary duty, specifically targeting shareholders who have held shares since at least February 23, 2022 [1] Group 1 - The investigation is being conducted by Levi & Korsinsky, a nationally recognized law firm with expertise in securities litigation and financial fraud [2] - The firm has a history of representing investors in securities lawsuits and has successfully recovered hundreds of millions of dollars for shareholders [2] - Shareholders of Zeta Global Holdings Corp can obtain additional information regarding the investigation and potential claims [1]

Shares of Zeta Global Holdings (ZETA) have gained 28.2% over the past four weeks to close the last trading session at $21.95, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $29.75 indicates a potential upside of 35.5%. The average comprises 12 short-term price targets ranging from a low of $28 to a high of $33, with a standard deviation of $1.54. While the lowest estimate indic ...

Financial Performance & Guidance - 2Q'24 revenue reached $227.8 million, a 33% year-over-year growth[7] - Adjusted EBITDA for 2Q'24 was $38.5 million, representing a 44% year-over-year increase[8] - Adjusted EBITDA margin expanded by 130 basis points year-over-year to 16.9%[8] - The company is increasing its 2024 revenue guidance midpoint by $25 million to $925 million, a 27% year-over-year increase[7] - The company is increasing its 2024 Adjusted EBITDA guidance midpoint by $4.5 million to $175.5 million, a 36% year-over-year increase[7] - The company is increasing its 2024 Free Cash Flow guidance midpoint by $5 million to $85 million, a 56% year-over-year increase[7] - The company anticipates $15 million in political candidate revenue in 2024[53] Customer Growth & ARPU - Total scaled customers reached 468, a 10% year-over-year increase[8] - Super-scaled customers reached 144, a 22% year-over-year increase[8] - Total scaled customer ARPU is $479,000[8] - Super-scaled customer ARPU is $1.3 million[8]

Zeta Global Holdings (ZETA) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 30%. A quarter ago, it was expected that this cloudbased marketing technology company would post earnings of $0.08 per share when it actually produced earnings of $0.01, delivering a surprise of -87.50%. Over ...