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Stock impact report

Upwork Reports First Quarter 2019 Financial Results

Upwork Inc. (UPWK) 
Last upwork inc. earnings: 2/26 04:09 pm Check Earnings Report
Company Research Source: GlobeNewswire
Gross services volume (GSV) increased by 21% year-over-year to $487 million for the first quarter of 2019Revenue increased by 16% year-over-year to $68.9 million for the first quarter of 2019Core clients grew 22%? year-over-year to approximately 111,000 as of March 31, 2019Client spend retention increased to 107% as of March 31, 2019, up from 103% as of March 31, 2018 MOUNTAIN VIEW, Calif., May 08, 2019 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the largest freelancing website, as measured by GSV, today announced its first quarter 2019 financial results. “We are off to a solid start to the year,” said Stephane Kasriel, CEO of Upwork. “During the quarter we made significant progress with the launch of several new products, features and enhancements to support our increasingly diverse and expanding online talent marketplace. We are confident in the strategic initiatives we’ve set and pleased with our progress against them as well as the results they’re driving.” First Quarter Show less Read more
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