FVRR - Fiverr International Non-GAAP EPS of $0.11 beats by $0.04 revenue of $86.7M in-line; issues Q2 and updats full year 2022 guidance

Fiverr International press release (NYSE:FVRR): Q1 Non-GAAP EPS of $0.11 beats by $0.04. Revenue of $86.7M (+26.9% Y/Y) in-line. Active buyers as of March 31, 2022 grew to 4.2 million, compared to 3.8 million as of March 31, 2021, an increase of 11% year over year. Spend per buyer as of March 31, 2022 reached $251, compared to $216 as of March 31, 2021, an increase of 17% year over year. Take rate for the first quarter of 2022 was 29.6%, up from 27.2% for the first quarter of 2021, an increase of 240 basis points year over year. Adjusted EBITDA in the first quarter of 2022 improved to $3.9 million, compared to -$0.7M in the first quarter of 2021. Adjusted EBITDA margin was 4.5% in the first quarter of 2022, an improvement of 550 basis points from (1.0%) in the first quarter of 2021. Q2 2022 outlook: Revenue of $86.0

For further details see:

Fiverr International Non-GAAP EPS of $0.11 beats by $0.04, revenue of $86.7M in-line; issues Q2 and updats full year 2022 guidance