- Upwork press release ( NASDAQ: UPWK ): Q3 Non-GAAP EPS of -$0.04 beats by $0.04 .
- Revenue of $156.9M (+26.3% Y/Y) misses by $0.44M .
- GSV in the second quarter of 2022 was just over $1 billion, with continued strong year-over-year growth of 19%.
- Ended the second quarter of 2022 with approximately 807,000 Active Clients.
- Adjusted EBITDA loss was $(1.9) million in the second quarter of 2022, compared with $7.3 million in the second quarter of 2021.
- Outlook: We are guiding third-quarter 2022 revenue to be between $156 million and $158 million, which is 23% year-over-year growth at the midpoint.
- We are increasing our full-year 2022 revenue guidance to between $612 million and $617 million, which is 22% year-over-year growth at the midpoint.
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Upwork Non-GAAP EPS of -$0.04 beats by $0.04, revenue of $156.9M misses by $0.44M