IZEA Worldwide, Inc. announced that it has been awarded a first time contract for a Fortune 100 financial services company. The mid-six figure contract is for managed influencer marketing services and expected to be completed by the end of 2021. Bookings are a measure of all sales orders minus any known cancellations or refunds in the same time period with respect to such sales orders or refunds. Management uses bookings to inform expectations of total sales activity. Bookings are not always an indicator of revenue for the quarter and could be subject to future adjustments. Revenue from Managed Services bookings is typically recognized over a 9-month period on average, though larger contracts may be recognized over more extended periods of time. IZEA recognizes Managed Services revenue based on a percentage of completion.