Regulatory Investigation RisksThere is a risk of a potential FTC investigation, which could impact sentiment and business, despite management's confidence that the FTC would find nothing of concern.
Regulatory RisksPrivacy regulations are becoming more strict and unpredictable, creating an overhang over Zeta's business in the long term.
Revenue Recognition ConcernsZeta's 'two-way' customer relationships raise 'revenue round-tripping' concerns as it relates to revenue recognition, boosting the company's reported financials.