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On Feb. 22, freelance marketplace Fiverr International (NYSE: FVRR) reported financial results, wrapping up 2022 and setting guidance for 2023. The market immediately celebrated the report, with the stock jumping that day.
But long-term investors aren't interested in a single day. They're wondering what the report means for the business and the stock going forward.
For Fiverr shareholders, the arrow might be pointing up more now because of an important development in the fourth quarter of 2022. That said, this investment is anything but a slam dunk, as I'll explain.