NEW YORK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Fiverr International Ltd. (NYSE: FVRR), the company that is changing how the world works together, released its 2023 Environmental, Social and Governance (ESG) report, detailing the actions taken in 2023 to ensure a more sustainable future and introducing new goals that are aligned with Fiverr's key pillars and overall mission. Fiverr's efforts around sustainability are an extension of the company's core values and its culture of empowerment. Additionally, the com ...

NEW YORK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Fiverr International Ltd. (NYSE: FVRR), the company that is changing how the world works together, released its 2023 Environmental, Social and Governance (ESG) report, detailing the actions taken in 2023 to ensure a more sustainable future and introducing new goals that are aligned with Fiverr's key pillars and overall mission. Fiverr's efforts around sustainability are an extension of the company's core values and its culture of empowerment. Additionally, the com ...

Shares of Fiverr International (FVRR) have gained 1% over the past four weeks to close the last trading session at $23.54, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $31.73 indicates a potential upside of 34.8%. The average comprises 11 short-term price targets ranging from a low of $25 to a high of $40, with a standard deviation of $5.37. While the lowest estimate indicate ...

Profitable growth from this leading gig-economy platform is great news for investors. Shares of Fiverr International (FVRR -4.08%) rallied following a better-than-expected second-quarter earnings update. Even as the stock is still down more than 90% from its pandemic-era all-time high, the latest trends suggest signs of an emerging turnaround. The freelancer marketplace is capturing renewed growth momentum and improving profitability. The potential that the company has finally cracked the formula for sustai ...

NEW YORK, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Today, Working Not Working Inc., a Fiverr company (NYSE: FVRR) and the leading platform for creative talent discovery, released the top findings from its first ever (un)Happiness Survey to better understand how creatives are really feeling about their jobs at a time when the industry is focused on adopting new technologies and optimizing literally everything except their people. The report, which features survey responses from nearly 1,000 full-time creative profe ...

NEW YORK, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Today, Working Not Working Inc., a Fiverr company (NYSE: FVRR) and the leading platform for creative talent discovery, released the top findings from its first ever (un)Happiness Survey to better understand how creatives are really feeling about their jobs at a time when the industry is focused on adopting new technologies and optimizing literally everything except their people. The report, which features survey responses from nearly 1,000 full-time creative profe ...

It's not all about "Magnificent Seven." These three under-the-radar bargains are potential market-beaters hiding in plain sight. The world's most prominent technology companies, including Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla, dominated the stock market over the past 18 months. This group, dubbed the "Magnificent Seven," collectively generated remarkable investment returns on their way to trillion-dollar market caps. These companies are leading some of the hottest growth tren ...

The company was busy; it released its second-quarter figures and announced a fresh acquisition. Mixed reactions from pundits to Fiverr International's (FVRR 2.28%) second-quarter results left the company's stock satisfyingly -- if not overwhelmingly -- higher as the trading week came to a close. According to data compiled by S&P Global Market Intelligence, Fiverr's stock price increased by nearly 5% over the period. A bottom-line beat and an acquisition Fiverr's Q2 results revealed growth in key line items. ...

gorodenkoff/iStock via Getty Images Data by YCharts For the most part, many companies have disappointed so far in the Q2 earnings season, but a lot of small and mid-cap companies have managed to buck the recent volatility. Fiverr (NYSE:FVRR) is one of these fortunate names: the freelance marketplace surged nearly 20% after reporting Q2 results, despite barely beating current quarter expectations and similarly barely raising its outlook for the full year. Fiverr has struggled in the post-pandemic era to defe ...

Core Insights - Fiverr's revenue increased by 6% year over year to $94.7 million in Q2 2024 despite macroeconomic challenges [1] - The company acquired AutoDS, enhancing its eCommerce capabilities and introducing a new subscription-based revenue stream [1][4] - Fiverr launched a new profession-based catalog and hourly contracts, aiming to evolve from a marketplace to a comprehensive platform [2] Financial Performance - Fiverr's active buyers decreased by 8% from 4.2 million to 3.9 million, while spending per buyer rose by 10% from $265 to $290 [3] - The company completed a $100 million share buyback program to optimize capital allocation [2] Strategic Initiatives - The acquisition of AutoDS, which manages over 150 million products, supports Fiverr's transition to a platform offering talent and software solutions [4] - Fiverr introduced Neo, an AI-driven tool designed to assist customers in project definition and talent matching, enhancing the user experience [5][6] Market Trends - The global drop-shipping market is projected to grow from $285 billion to over $2 trillion by 2033, presenting significant growth opportunities for Fiverr [4] - Despite a decline in U.S. job openings and weakness in the SMB sector, AI is expected to drive growth for Fiverr, particularly in complex services [6]