FVRR - Fiverr International Non-GAAP EPS of $0.22 beats by $0.11 revenue of $79.8M beats by $2.98M; initiates Q1 and FY22 guidance

Fiverr International press release (NYSE:FVRR): Q4 Non-GAAP EPS of $0.22 beats by $0.11. Revenue of $79.8M (+42.8% Y/Y) beats by $2.98M. Active buyers as of December 31, 2021 grew to 4.2M, compared to 3.4M as of December 31, 2020, an increase of 23% year over year. Spend per buyer as of December 31, 2021 reached $242, compared to $205 as of December 31, 2020, an increase of 18% year over year. Take rate for the quarter ended December 31, 2021 was 29.2%, up from 27.1% for the quarter ended December 31, 2020, an increase of 210 basis points year over year. Adj. gross margin in the fourth quarter of 2021 was 83.4%, a decrease of 50 basis points from 83.9% in the fourth quarter of 2020. Adjusted EBITDA in the fourth quarter of 2021 improved to $8.9 million, compared to $4.6 million in the fourth quarter of 2020. Q1 Guidance: Revenue of

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Fiverr International Non-GAAP EPS of $0.22 beats by $0.11, revenue of $79.8M beats by $2.98M; initiates Q1 and FY22 guidance