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Stock impact report

Upwork Reports Fourth Quarter and Full Year 2019 Financial Results

Upwork Inc. (UPWK) 
Last upwork inc. earnings: 2/26 04:09 pm Check Earnings Report
Company Research Source: GlobeNewswire
Full Year 2019 ASC 606 Revenue of $300.6 Million Full Year 2019 ASC 605 Revenue of $302.6 Million Increased 19% Year-Over-Year SANTA CLARA, Calif., Feb. 26, 2020 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the largest online talent solution, as measured by gross services volume (“GSV”), today announced its fourth quarter and full year 2019 financial results. “We had a solid fourth quarter and exceeded our revenue and adjusted EBITDA guidance. Not only do we have a tremendous market opportunity, but we are uniquely positioned to solve the greatest challenge any company can face: how to find the skills and talent they need to thrive,” said Hayden Brown, President and CEO of Upwork. “We’ve set the right strategic priorities and are making the necessary investments to take Upwork into the next phase of growth, and I am confident that we are oriented for success.” Upwork adopted the new revenue recognition accounting standard, Accounting Standards Codification Topic 606 (“ASC 606 Show less Read more
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