Upwork: Record Revenue, EPS Beat in Q4

Upwork surprised with strong earnings, yet GSV and active clients showed signs of decline.Online work marketplace Upwork (UPWK 1.97%) reported fourth-quarter earnings on Wednesday, Feb. 12, that topped analysts' consensus top- and bottom-line expectations. Record-breaking quarterly revenue of $191.5 million surpassed estimates of $180 million and were up 4.1% year over year. Adjusted diluted earnings per share (EPS) of $0.30 outpaced the $0.25 forecast. Although the financial results reflected strong earnin ...