Upwork CEO Kasriel to step down at end of year [MarketWatch]
Upwork Inc. (UPWK)
Last upwork inc. earnings: 2/26 04:09 pm
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Source: MarketWatch
Upwork CEO Kasriel to step down at end of year Upwork Inc. UPWK, -1.50% said late Monday its chief executive will be stepping down at the end of the year and be succeeded by its chief marketing and product officer. Upwork said President and CEO Stephane Kasriel will step down and that Hayden Brown will succeed Kasriel, who will remain as an adviser and serve on the board until the company's annual shareholder meeting in 2020. The company reaffirmed its fourth quarter and full-year outlook. Analysts surveyed by FactSet expect a loss of 2 cents a share on revenue of $79.4 million for the fourth quarter, and a loss of a penny a share on revenue of $301.4 million for the year. The move comes a little over a year following the freelance personnel placement company's IPO in October 2018 . Upwork shares rose 0.5% after hours, following a 1.5% decline to close the regular session at $11.15.
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UPWK
News
- Upwork Inc. (NASDAQ: UPWK) had its price target raised by analysts at UBS Group AG from $17.00 to $18.00. They now have a "neutral" rating on the stock.MarketBeat
- Upwork Inc. (NASDAQ: UPWK) had its price target raised by analysts at Citigroup Inc. from $11.00 to $19.00. They now have a "neutral" rating on the stock.MarketBeat
- Upwork Inc.'s (NASDAQ:UPWK) large institutional owners must be happy as stock continues to impress, up 13% over the past week [Yahoo! Finance]Yahoo! Finance
- Upwork to Present at UBS Global Technology and AI ConferenceGlobeNewswire
- Surging Earnings Estimates Signal Upside for Upwork (UPWK) Stock [Yahoo! Finance]Yahoo! Finance
UPWK
Earnings
- 11/6/24 - Beat
UPWK
Sec Filings
- 12/20/24 - Form 4
- 12/20/24 - Form 4
- 12/20/24 - Form 4
- UPWK's page on the SEC website