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Upwork (UPWK) soars 26.6% pre-market after Q3 beats with revenue growth of 24% Y/Y to $96.75M, $6.31M above consensus.Marketplace revenue was up 26% Y/Y to $88M. Marketplace take rate improved from 13.3% to 13.6% on the year.Gross services volume was up 23% Y/Y to $654.5M.Gross marg...
Upwork's top-line is consistently growing at approximately 20%, but its guidance now points towards 24% y/y growth rates. As Upwork's take rate improves, we can see this improved pricing power translate into better gross margins -- now at 73%. The stock remains cheaply valued, eve...
Image source: The Motley Fool. Upwork (NASDAQ: UPWK) Q3 2020 Earnings Call Nov 04, 2020 , 5:00 p.m. ET Operator Continue reading For further details see: Upwork (UPWK) Q3 2020 Earnings Call Transcript
Upwork, Inc. (UPWK) Q3 2020 Earnings Conference Call November 4, 2020 5:00 PM ET Company Participants Denise Garcia – Investor Relations Hayden Brown – President and Chief Executive Officer Jeff McCombs – Chief Financial Officer Conference Call Participants Brent Thill ...
Gainers: [[ALTM]] +54.6%. [[UPWK]] +24.6%. [[QCOM]] +13.2%. [[APHA]] +10.1%. [[MTW]] +9.5%.Losers: [[BLUE]] -13.9%. [[ELF]] -9.4%. [[INGN]] -8.9%. [[AXNX]] -8.7%. [[PING]] -8.7%. For further details see: ALTM, UPWK, AXNX and INGN among after-hours movers
Upwork (UPWK): Q3 Non-GAAP EPS of $0.04 beats by $0.07; GAAP EPS of -$0.02 beats by $0.05.Revenue of $96.75M (+24.0% Y/Y) beats by $6.31M.Gross services volume increased by 23% Y/Y to $654.5M.Q4 revenue to be in the range of $96M-$98M vs. consensus of $92.66M.“Our third quarter perform...
Revenue grew 24% year-over-year to $96.7 million, exceeding guidance Marketplace revenue grew 26% year-over-year to $88.0 million Marketplace take rate improved from 13.3% to 13.6% year-over-year SANTA CLARA, Calif., Nov. 04, 2020 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPW...
U.S. elections can have a profound impact on markets. I analyzed data to make sense of correlations between election betting markets and share price moves. I've selected 7 interesting companies that stand to benefit from a Trump victory. I see these as moving potentially betwe...
New data reveals remote work provides greater geographic mobility for millions of Americans seeking housing in more affordable markets U pwork (Nasdaq: UPWK), the world's largest work marketplace, today released a new “ Remot...
New Upwork product experience connects businesses and talent on fixed-price, pre-scoped projects Upwork (NASDAQ: UPWK), the world’s largest work marketplace, today released in beta Project Catalog™, a curated collection of pre-scoped projects easily purchas...
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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...