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Upwork ( NASDAQ: UPWK ) shares gained 2% premarket on Thursday after the work marketplace firm reaffirmed its third quarter 2022 guidance . The company continues to expects Q3 revenue between $156M and $158M vs. $157.34M consensus , adjusted EBITDA between -$7M and...
Current CFO Jeff McCombs to remain at Upwork through December 31, 2022; Company reaffirms third quarter 2022 guidance SAN FRANCISCO, Sept. 22, 2022 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with ind...
Summary Upwork is positioned well in a promising market with solid tailwinds, and management has been successful in revenue expansion. My valuation method shows upside but not enough of a margin of safety. Upwork is highly susceptible to headwinds relating to interest rates an...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips With the equities sector possibly on the verge of a downtrend, now is a good time to consider no-brainer long-term stocks to buy. As you probably heard, Federal Reserve chair Jerome Powell had less-than-exciting news to del...
Companies facing a protracted labor shortage use skilled independent professionals to win the war for talent, innovate their businesses and weather disruption Upwork (NASDAQ: UPWK), the world’s work marketplace, today released its seventh annual “Future...
On August 15, institutional investment managers with more than $100 million AUM had to disclose their positions at the end of Q2 2022. I curated a list of some high-profile hedge funds and looked into their holdings at the end of June 2022. June was a temporary bottom in the marke...
SAN FRANCISCO, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent, as measured by gross services volume (“GSV”), today announced that President and CEO Hayden Brown, Chief F...
In this article, I will break down why I like the popular online dating app Bumble. I'll discuss Bumble's sticky platform, high growth, and industry tailwinds. And lastly, we'll take a look at the company's most recent earnings and why I'm slightly hesitant on buying Bumble stock....
InvestorPlace - Stock Market News, Stock Advice & Trading Tips If you are bullish over the long term, you should be looking for cheap small-cap stocks to buy now. With second-quarter earnings season wrapping up, we have a good idea of which companies are winners and losers. And impor...
Earnings was the major theme this week with Enovix taking the top spot among gainers and CAE slumping to be the worst decliner. For the week ending Aug. 13, all 11 sectors in the S&P 500 were in the green with the SPDR S&P 500 Trust ETF ( SPY ) rising ( +3.30 %)...
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SAN FRANCISCO, July 23, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s work marketplace that connects businesses with independent talent, today released a new study from The Upwork Research Institute revealing that AI is increasing the workload...