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home / news releases / FVRR - Fiverr: Difficult Set Up Into Next Quarter; Shares Could Be Weak

FVRR - Fiverr: Difficult Set Up Into Next Quarter; Shares Could Be Weak

Fiverr International Ltd. no par value

2023-04-09 00:21:07 ET

Summary

  • Fiverr reported better-than-expected Q4 profitability, which led to an initial pop in the stock price.
  • 2023 guidance includes 4-8% yoy revenue growth and material improvement in adjusted EBITDA margin given the company's expense discipline measures.
  • The challenging macro and valuation ~25x forward EBITDA make it a difficult set-up heading into the next quarter.

For further details see:

Fiverr: Difficult Set Up Into Next Quarter; Shares Could Be Weak
Stock Information
Company Name: Fiverr International Ltd. no par value
Stock Symbol: FVRR
Market: NYSE
Website: fiverr.com
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