Zeta posts 19th straight beat-and-raise quarter with 29% revenue growth and expanding sales pipeline.

Zeta Global reported its 19th consecutive quarter of beating earnings expectations and raising guidance, driven by 29% underlying revenue growth excluding acquisitions. The company’s Athena platform significantly boosted agent interactions and ARPU by 21%, while expanding multi-use cases by over 50%. Zeta also grew its super-scaled customer base by 19% to 189 and increased its sales pipeline by around 40% year over year. Despite these strong fundamentals and nearing GAAP profitability, Zeta’s stock trades at a relatively low valuation of 2.6 times forward revenue and 12 times EBITDA, suggesting potential undervaluation.