Upwork Reports Third Quarter 2024 Financial Results
Upwork Inc. (UPWK)
Last upwork inc. earnings: 2/26 04:09 pm
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Source: GlobeNewswire
Achieves 10% year-over-year revenue growth, record GAAP net income of $27.8 million and adjusted EBITDA of $43.2 millionThird-quarter GAAP diluted EPS of $0.20Raises FY 2024 guidance for revenue and adjusted EBITDAEnters definitive agreement to acquire Objective to enhance core search and match offerings and strengthen AI talent benchAnnounces new $100 million share repurchase program authorization SAN FRANCISCO, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, today announced its financial results for the third quarter of 2024. “Upwork continues to seize the tremendous market opportunity and execute our strategy to deliver durable, profitable growth, with 10% year-over-year revenue growth and our highest-ever net income in the third quarter,” said Hayden Brown, president and CEO, Upwork. “We are building long-term shareholder value by serving clients with
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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