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Upwork's Earnings Beat Fuels Stock Rally—Is Freelancing Booming?
MarketBeat· 2025-05-08 12:02
Upwork TodayUPWKUpwork$16.24 +0.53 (+3.34%) 52-Week Range$8.43▼$18.14P/E Ratio10.62Price Target$18.50Add to WatchlistUpwork Inc. NASDAQ: UPWK experienced a notable stock increase after its first-quarter 2025 financial results exceeded analyst forecasts. This positive market reaction, driven by robust earnings and an optimistic outlook, highlights the global work marketplace.Get Upwork alerts:While the company's strategies seem to be effective, its performance raises a larger question: Does Upwork's recent ...
Upwork Reports First Quarter 2025 Financial Results
Globenewswire· 2025-05-05 20:03
Achieves record first quarter with revenue of $192.7 million, GAAP net income of $37.7 million and adjusted EBITDA of $56.0 million, resulting in 20% profit margin and 29% adjusted EBITDA marginReiterates FY2025 revenue guidance and raises full-year adjusted EBITDA guidance PALO ALTO, Calif., May 05, 2025 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, today announced its financial results for the fi ...