Upwork Reports Third Quarter 2019 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/5/2026
- Dow jumps to record closing high after soft US jobs data, Nasdaq down with chip shares
- Goldman's Garrett sees investors dialing back tech exposure into H2
- AI chip winners may face tougher road ahead as hyperscalers catch up: JPM
- Oil gains on short-covering buys ahead of US holiday
- Rivian stock jumps 5% on raised delivery outlook
Upwork Inc. (UPWK) Tops Q3 EPS by 6c, Revenues Beat; Offers Q4 &FY19 Revenue Guidance Below Consensus
November 6, 2019 4:04 PM ESTUpwork Inc. (NASDAQ: UPWK) reported Q3 EPS of $0.02, $0.06 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $78.8 million versus the consensus estimate of $77.76 million.
Revenue grew 23% year-over-year to $78.8 millionMarketplace revenue grew 25% year-over-year to $70.7 millionCore clients grew 19% year-over-year to approximately 120,500Client spend retention was 104%, with client spend retention from clients on the Upwork Business and Enterprise offerings... More