Zeta Global Holdings shares extended a sharp rally Wednesday, building on gains from the previous session after the marketing technology company delivered second-quarter results that beat expectations and extended what the company describes as its 20th consecutive "beat and raise" quarter.

Shares climbed to $28.20, up 16.24%, continuing a rally that began Tuesday when the company's earnings report initially sent the stock up 7.54% to close at $24.26. The move built on a year in which Zeta shares have already climbed nearly 50%, according to recent trading data, as the New York-based company has continued posting accelerating growth in its AI-driven marketing platform business.

Zeta reported second-quarter revenue of $442.8 million, comfortably clearing the company's own guidance range of $419 million to $422 million and marking a 44% increase year over year and a 12% sequential gain from the first quarter. In a statement, the company described the results as achieving positive GAAP net income for the second quarter, a milestone that adds to the company's continued push toward sustained profitability alongside its rapid top-line growth.

Adjusted EBITDA for the quarter came in at $91.7 million, more than 50% higher than the $58.77 million posted in the same period a year earlier. Following the........

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