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Fiverr(FVRR) - 2024 Q1 - Earnings Call Transcript
2024-05-09 16:38
Stefanos Crist Operator Rohit Kulkarni And second, to the extend you can comment on how you feel about the long-term profitability of the business. Clearly, with the share buyback, you have greater conviction and there's a high likelihood that you're closing in on high-teens EBITDA margin as the year exists. So perhaps talk about how high do you think this business' profitability can go? And there are marketplaces that -- of your similar characteristic that have demonstrated 30%, 35% margins over the future ...
Here's What Key Metrics Tell Us About Fiverr (FVRR) Q1 Earnings
Zacks Investment Research· 2024-05-09 14:36
Fiverr International (FVRR) reported $93.52 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 6.3%. EPS of $0.52 for the same period compares to $0.36 a year ago.The reported revenue represents a surprise of +1.17% over the Zacks Consensus Estimate of $92.45 million. With the consensus EPS estimate being $0.52, the company has not delivered EPS surprise.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ex ...
Fiverr International (FVRR) Matches Q1 Earnings Estimates
Zacks Investment Research· 2024-05-09 12:06
Fiverr International (FVRR) came out with quarterly earnings of $0.52 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.36 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this online marketplace for freelance services would post earnings of $0.52 per share when it actually produced earnings of $0.56, delivering a surprise of 7.69%.Over the last four quarters, the company has surpassed consensus EPS estimates thr ...
Fiverr(FVRR) - 2024 Q2 - Quarterly Report
2024-05-09 10:01
Exhibit 99.1 Fiverr Announces First Quarter 2024 Results ● Strong start to the year with Q1 results ahead of expectations. We executed on our key strategic priorities, delivering revenue at the top end of our guidance, and Adjusted EBITDA ahead of our guidance range. ● GMV acceleration led by SPB expansion. Strong execution on Fiverr Business Solutions and our push into complex services enabled us to drive GMV acceleration amid a continued challenging hiring environment. SPB grew 8% y/y, the strongest growt ...
Fiverr (FVRR) to Post Q1 Earnings: What's in the Offing?
Zacks Investment Research· 2024-05-07 17:46
Fiverr International Ltd. (FVRR) is set to report first-quarter 2024 results on May 9.For the first quarter, the company expects revenues of $91.5-$93.5 million, indicating year-over-year growth of 4-6%. The Zacks Consensus Estimate for the same is pegged at $92.5 million, suggesting a rise of 5.1% from the prior-year quarter’s reported number.The Zacks Consensus Estimate for first-quarter earnings is pegged at 52 cents per share, indicating a jump of 44.4% from the prior-year quarter’s reported figure. The ...
Gear Up for Fiverr (FVRR) Q1 Earnings: Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-05-06 14:22
Wall Street analysts expect Fiverr International (FVRR) to post quarterly earnings of $0.52 per share in its upcoming report, which indicates a year-over-year increase of 44.4%. Revenues are expected to be $92.45 million, up 5.1% from the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company announces its earnings, it is ess ...
Fiverr International (FVRR) Outperforms Broader Market: What You Need to Know
Zacks Investment Research· 2024-04-29 23:16
In the latest trading session, Fiverr International (FVRR) closed at $21.11, marking a +1.49% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.32%. Meanwhile, the Dow gained 0.38%, and the Nasdaq, a tech-heavy index, added 0.35%.Heading into today, shares of the online marketplace for freelance services had lost 1.28% over the past month, outpacing the Retail-Wholesale sector's loss of 1.39% and the S&P 500's loss of 2% in that time.The investment community ...
Fiverr Is My Top Artificial Intelligence (AI) Stock to Buy Now. Here's Why.
The Motley Fool· 2024-04-27 07:37
The freelance services marketplace's stock has taken a beating in the last three years, but the business just kept growing.It's easy to find artificial intelligence (AI) stocks nowadays. Any tech company worth its silicon salt is at least dabbling in basic machine learning and generative AI. Those that don't offer AI tools of their own are putting computers to work on a whole new level. Close your eyes and point at a spot on a map of the Santa Clara Valley, and you'll probably find six AI start-ups sharing ...
Fiverr International (FVRR) Registers a Bigger Fall Than the Market: Important Facts to Note
Zacks Investment Research· 2024-04-19 23:06
Fiverr International (FVRR) ended the recent trading session at $19.63, demonstrating a -0.96% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.88%. On the other hand, the Dow registered a gain of 0.56%, and the technology-centric Nasdaq decreased by 2.05%.Heading into today, shares of the online marketplace for freelance services had lost 13.11% over the past month, lagging the Retail-Wholesale sector's loss of 2.7% and the S&P 500's loss of 2. ...
Businesses Increasingly Searching for AI Influencers and Trademark Attorneys, According to Fiverr's Latest Business Trends Index
Newsfilter· 2024-04-17 08:00
NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- Fiverr International Ltd. (NYSE:FVRR), the company that is changing how the world works together, today released its Spring 2024 Business Trends Index. Among the millions of inquiries on Fiverr's marketplace, these digital services saw the largest increase in demand over the last six months. Taking advantage of opportunity is the theme at the center of the data: (1) Businesses are consulting with freelance experts to elevate company performance and management(2) ...