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Upwork Reports Third Quarter 2024 Financial Results
UPWKUpwork(UPWK) GlobeNewswire News Room·2024-11-06 21:03

Achieves 10% year-over-year revenue growth, record GAAP net income of 27.8 millionandadjustedEBITDAof27.8 million and adjusted EBITDA of 43.2 millionThird-quarter GAAP diluted EPS of 0.20RaisesFY2024guidanceforrevenueandadjustedEBITDAEntersdefinitiveagreementtoacquireObjectivetoenhancecoresearchandmatchofferingsandstrengthenAItalentbenchAnnouncesnew0.20Raises 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 ...