Upwork Inc. UPWK reported better-than-expected third-quarter results after Wednesday’s closing bell.Upwork reported quarterly earnings of 29 cents per share, which beat the analyst consensus estimate of 26 cents. Quarterly revenue came in at $193.8 million, which beat the analyst consensus estimate of $185.85 million and is an increase over sales of $175.73 million from the same period last year.The company also announced a $100 million share repurchase program."Upwork continues to seize the tremendous mark ...

Upwork Inc. (NASDAQ:UPWK) Q3 2024 Earnings Conference Call November 6, 2024 5:00 PM ET Company Participants Samuel Meehan - Vice President, Investor Relations Hayden Brown - President and Chief Executive Officer Erica Gessert - Chief Financial Officer Conference Call Participants Jake Zhang - Citi Andrew Boone - JMP Securities Stefanos Crist - Needham & Company Maria Ripps - Canaccord Genuity Marvin Fong - BTIG Operator Good day and thank you for standing by. Welcome to the Upwork Third Quarter 2024 Earning ...

Upwork Q3 2024 Earnings © 2024 Upwork Inc. Proprietary and confidential.1 Safe Harbor Statement This presentation of Upwork Inc. (the "Company," "we," "us," or "our") contains "forward-looking" statements within the meaning of the federal securities laws. Forward-looking statements include all statements other than statements of historical fact, including any statements regarding our future operating results and financial position, including expected financial results for the fourth quarter and full year 20 ...

For the quarter ended September 2024, Upwork (UPWK) reported revenue of $193.78 million, up 10.3% over the same period last year. EPS came in at $0.29, compared to $0.21 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $182.18 million, representing a surprise of +6.37%. The company delivered an EPS surprise of +26.09%, with the consensus EPS estimate being $0.23.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stree ...

Upwork (UPWK) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 26.09%. A quarter ago, it was expected that this online freelance marketplace operator would post earnings of $0.23 per share when it actually produced earnings of $0.26, delivering a surprise of 13.04%.Over the last four q ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION ________________________________________________ ________________________________________________ UPWORK INC. ________________________________________________ _______________________________________________ WASHINGTON, DC 20549 FORM 10-Q _____________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSU ...

Exhibit 99.1 Upwork Announces Organizational Changes to Drive Continued Profitable Growth and Provides Preliminary Third Quarter 2024 Results Above Financial Guidance Approximately $60 million in annual cost savings advances Upwork toward 5-year profitability target Company expects to exceed revenue and adjusted EBITDA guidance for third quarter 2024 results SAN FRANCISCO, Calif. – October 23, 2024 – Upwork Inc. (Nasdaq: UPWK) ("Upwork" or the "Company"), the world's work marketplace that connects businesse ...

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 marketpl ...

Upwork Today | --- | --- | --- | --- | |---------------------|-------|-------|-------| | | | | | | | | | | | UPWK | | | | | Upwork | | | | | $13.55 | | | | | +0.98 (+7.80%) | | | | | 52-Week Range $8.43 | | | | | ▼ | | | | | $16.36 | | | | | P/E Ratio | | | | | 24.64 | | | | | Price Target $15.27 | | | | | | | | | Add to Watchlist The world's largest digital freelance platform, Upwork Inc. NASDAQ: UPWK, took proactive measures ahead of its upcoming third quarter of 2024 earnings release due out Nov. 6, 2024 ...

Upwork might soon be a slimmer, more effective, and profitable company.Gig job facilitator Upwork (UPWK -0.63%) probably doesn't want this week to end. Its shares have been racing higher, advancing by nearly 23% in price week to date as of early Friday morning, according to data compiled by S&P Global Market Intelligence. Investors were encouraged by the company's preliminary third-quarter numbers, plus news of a restructuring plan and an analyst's bullish new research note.Preliminary results and pink slip ...