The Latest Breaking News from Fiverr

Analysts slashed their price targets on Fiverr International Ltd (NYSE: FVRR) 

Fiverr International Ltd (NYSE:FVRR) reported first-quarter FY22 revenue growth of 27% year-on-year to $86.7 million, beating the consensus of $86.5 million. Active buyers increased 11% Y/Y to 4.2 million, Spend per buyer rose 17% Y/Y to $251. Take rate expanded by 240 bps to 29.6%. Non-GAAP gross margin contracted 60 bps to 83.5%,…

Equity markets in the United States and overseas have experienced a fair degree of negative volatility in the first quarter of 2022 amid an expected shift in the Federal Reserve’s monetary policy and the beginning of a relatively unexpected armed conflict between Russia and Ukraine.

According to the indie work website, 64 percent of US-based freelancers have profited from selling NFT-related services.

The invasion of Ukraine by Russia has led to many companies offering support to Ukraine while pulling operations from Russia. For many companies, the operations in the two countries represent a small portion of revenue and could have minimal impact on operations as the conflict continues.  

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Fiverr International Ltd (NYSE:FVRR) reported fourth-quarter FY21 revenue growth of 43% year-on-year to $79.8 million, beating the consensus of $76.8 million. Active buyers increased 23% Y/Y to 4.2 million, Spend per buyer rose 18% Y/Y to $242. Take rate expanded by 210 bps to 29.2%. Non-GAAP gross margin contracted 50 bps to 83.4%,…

The e-commerce industry has suffered a decline lately as part of the broader market sell-off on concerns over high inflation and the Fed’s decision to hike interest rates several times this year. However, e-commerce companies are expected to achieve steady growth this year due to rising consumer spending and a…