Upwork Inc. (UPWK) shares surged in after-hours trading following the release of its third-quarter earnings report, which exceeded analyst expectations. The company reported strong revenue growth, a significant increase in active clients, and robust free cash flow. Upwork’s CEO highlighted the company’s strategic focus on delivering sustainable growth and leveraging AI to enhance its services. The positive earnings results have fueled optimism among investors, sending UPWK shares soaring.
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.
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.
