Results for: Fiverr

Fiverr International Ltd (FVRR) exceeded analysts’ expectations for both revenue and earnings in the third quarter of fiscal 2024, driven by continued growth in active buyers and spending per buyer. The company also reported a significant improvement in adjusted EBITDA margin, highlighting its commitment to profitability. Fiverr’s positive outlook for the fourth quarter and full fiscal year 2024 has fueled investor optimism, sending the stock price up by 16.40% on Wednesday.

This article discusses the reliability of Wall Street analysts’ recommendations and how to use them to your advantage, focusing on Fiverr International (FVRR). It explores the differences between brokerage recommendations and Zacks Rank, highlighting the importance of earnings estimate revisions and the Zacks Rank’s predictive power.