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Fiverr to Release Second Quarter 2024 Results on July 31, 2024
GlobeNewswire News Room· 2024-07-10 12:30
What: Fiverr's Second Quarter 2024 Financial Results Conference Call When: July 31, 2024, at 8:30 a.m. ET Registration: To participate in the Conference Call, please register at the link here Webcast: A live and archived webcast of the conference call will be accessible from the investor relations section of the Company's website at, https://investors.fiverr.com. Fiverr's mission is to change how the world works together. We exist to democratize access to talent and to provide talent with access to opportun ...
1 Tech Stock Down 90% You'd Regret Not Buying on the Dip
The Motley Fool· 2024-07-10 10:15
Helping power the gig economy VAL ● Fiverr International Ltd (FVRR) Revenue (Quarterly) 93.52M Fiverr International Ltd (FVRR) Revenue (Quarterly YoY Growth) 6.33% ● Fiverr International Ltd (FVRR) Net Income (Quarterly) 0.788M 93.52M 80.00M 90.00% 60.00M 75.00% 40.00M 60.00% 20.00M 45.00% 30.00% 0.788M -20.00M 15.00% 6.33% -40.00M 0.00 % -15.00% -60.00M 2020 2021 2022 2023 2024 Jul 4, 2024, 4:21 PM EDT Powered by YC H A R T S The Motley Fo Why has the company not been profitable, with gross margins typical ...
Fiverr Unveils Breakthrough Achievement Recognition Celebrating Freelancers Who Surpassed $1 Million in Revenue
Newsfilter· 2024-07-02 14:00
Company Announcement - Fiverr launched its first-ever Breakthrough Achievement recognition to honor freelancers who have surpassed $1 million in lifetime earnings with a personalized gold award and those earning over $5 million with a platinum award [1] - The recognition program aims to celebrate outstanding freelance accomplishments and highlight the growing impact of freelancers in the global economy [2] - Fiverr's CEO emphasized the company's commitment to supporting freelancers and businesses in creating equitable growth opportunities worldwide [3] Freelance Industry Trends - Freelancers currently account for nearly 20% of an organization's workload and output, and this is projected to grow to 50% of the workforce by 2027 [2] - The freelance movement is gaining momentum, with businesses increasingly relying on freelance talent to drive transformative growth and access diverse skill sets [2] - Top industries where freelancers thrive include graphics and design, digital marketing, writing and translation, video and animation, programming and tech, and music and audio [3] Breakthrough Achievement Recipients - Aditya Gupta, an India-based Shopify-certified partner, increased her monthly revenue by 200x through Fiverr [4] - Beau Vallis, a US-based Grammy-nominated music engineer, leveraged Fiverr to take control of his career and time [4] - Lauren Meikle, a South Africa-based copywriter, transitioned from the corporate world to freelancing with Fiverr [4] - MJ Wolfe, a US-based actor and fitness creator, replaced his full-time job with Fiverr to pursue his passions [4] - Ravi Sharma, an Australian SEO entrepreneur, grew his business to over 100 employees with Fiverr [4] Webinar and Social Media Engagement - Fiverr will host a webinar featuring successful freelancers sharing insights on building independent careers on the platform [4] - The webinar will include speakers such as Victoria Carroll, Syed Arsalan Ali Shah, Thomas Edward, and Mijal Zagier, who have achieved significant milestones through Fiverr [4] - The company encourages engagement with the Breakthrough Achievement Program through social media using the hashtag MillionsOnFiverr [4] Company Overview - Fiverr's mission is to democratize access to talent and opportunities, enabling individuals and businesses to grow their brands and dreams [7] - Over 4 million customers worldwide, including small businesses and Fortune 500 companies, have utilized Fiverr's freelance talent in the past year [7] - Fiverr offers access to over 700 skills, ranging from AI and programming to digital marketing and content creation [7] Media and Contact Information - Media contacts for Fiverr include Jenny Chang and Tommy Lee, reachable at press@fiverr.com [8]
Fiverr Unveils Breakthrough Achievement Recognition Celebrating Freelancers Who Surpassed $1 Million in Revenue
GlobeNewswire News Room· 2024-07-02 14:00
NEW YORK, July 02, 2024 (GLOBE NEWSWIRE) -- Fiverr (NYSE: FVRR), the company that is changing how the world works together, today announced the launch of its first-ever Breakthrough Achievement recognition to celebrate outstanding freelance accomplishment. Once a year, on a rolling basis, freelancers surpassing $1 million in lifetime Fiverr earnings will be honored with a personalized gold award while freelancers earning over $5 million in revenue will receive a prestigious, personalized platinum award for ...
Fiverr: Why The Core Story Still Holds Despite Recent Headwinds; Buy
Seeking Alpha· 2024-06-28 09:53
Almost two years have passed since my last evaluation of Fiverr International Inc. (NYSE:FVRR). In that initial analysis done in Aug 2022, I considered Fiverr a great idea for long-term investors who wanted to participate in the digitalization of the freelancing industry, an industry with a secular trend and attractive long-term growth perspectives. Since then, however, the shares have depreciated by c. 25% (c. 40% since the article was published) even though I found them undervalued with an intrinsic value ...
Layoffs Hit 50% of Finance Companies Surveyed; Also Facing Shortages in Fintech and AI Expertise
Newsfilter· 2024-06-26 12:00
NEW YORK, June 26, 2024 (GLOBE NEWSWIRE) -- To help executives understand, react, and adapt to the ongoing challenges within the finance industry, Fiverr (NYSE:FVRR) has released a new report, Strategic Insights: Leveraging Freelance Talent in Finance. The report dives into pain points in the sector, including in which quarter leaders feel the most stressed (the second quarter) and offers insight into how executives in the sector are adapting to and overcoming hurdles; two-thirds of respondents say they are ...
Layoffs Hit 50% of Finance Companies Surveyed; Also Facing Shortages in Fintech and AI Expertise
GlobeNewswire News Room· 2024-06-26 12:00
NEW YORK, June 26, 2024 (GLOBE NEWSWIRE) -- To help executives understand, react, and adapt to the ongoing challenges within the finance industry, Fiverr (NYSE:FVRR) has released a new report, Strategic Insights: Leveraging Freelance Talent in Finance. The report dives into pain points in the sector, including in which quarter leaders feel the most stressed (the second quarter) and offers insight into how executives in the sector are adapting to and overcoming hurdles; two-thirds of respondents say they are ...
Fiverr International (FVRR) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2024-06-24 23:21
Fiverr International (FVRR) closed the latest trading day at $22.17, indicating a +0.86% change from the previous session's end. The stock outperformed the S&P 500, which registered a daily loss of 0.31%. Meanwhile, the Dow experienced a rise of 0.67%, and the technology-dominated Nasdaq saw a decrease of 1.09%. Investors should also take note of any recent adjustments to analyst estimates for Fiverr International. These revisions help to show the ever-changing nature of near-term business trends. Hence, po ...
Majority of Companies (72%) Admit to Not Having Comprehensive Plans in Place Before Layoffs, According to New Fiverr Research
Newsfilter· 2024-06-20 12:00
"The findings showcase how companies are seeing the value of freelancers beyond reducing the workload," said Matti Yahav, Chief Marketing Officer at Fiverr. "From filling skill gaps to boosting morale among remaining employees, and perhaps even playing a role in lessening the possibility of future layoffs, this shift cements a place for freelancers as an integral part of a company's long-term structure." The top reason for roles that were laid off was new technology, where AI could increase efficiencies and ...
The 3 Most Undervalued Small-Cap Stocks to Buy in June 2024
Investor Place· 2024-06-06 10:41
Oxford Lane Capital (NASDAQ:OXLC) is a close-ended fund that Oxford Lane Management launched and manages. The fund primarily invests in securitization vehicles. This, in turn, invests in senior secured loans to companies whose debt is rated below investment grade or is unrated. OXLC stock has a market cap of $1.35 billion, and profit and operating margins of 76.64% and 71.74% respectively. It has seen year-on-year (YOY) quarterly revenue growth of 20.70%, which makes it a promising undervalued small-cap sto ...