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The Latest Breaking News from Upwork

Upwork Stock Shines On Q1 Growth, Expects Strong Q2 Performance

Upwork Inc (NASDAQ:UPWK) reported first-quarter revenue growth of 24% year-over-year to $141.3 million, beating the consensus of $136.47 million. Marketplace revenue was $129.4 million (+24% Y/Y), and Managed services revenue was $11.9 million (+33% Y/Y). The gross margin was flat at 73%. Adjusted EBITDA loss was $(0.4) million, compared with adjusted EBITDA…

Upwork's Earnings Outlook

Upwork's Earnings Outlook

Upwork (NASDAQ:UPWK) is set to give its latest quarterly earnings report on Wednesday, 2022-04-27. Here's what investors need to know before the announcement. Analysts estimate that Upwork will report an earnings per share (EPS) of $-0.13.

What 4 Analyst Ratings Have To Say About Upwork

What 4 Analyst Ratings Have To Say About Upwork

Within the last quarter, Upwork (NASDAQ:UPWK) has observed the following analyst ratings:

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4 Gig Economy Stocks Wall Street Predicts Will Rally 48% or More

The gig economy has grown substantially, accounting for one third of the American workforce in 2021. And rising inflation is driving an increase in gig work participation. With the global gig economy expected to continue growing, Wall Street expects the stocks of gig economy companies DoorDash (DASH), Lyft (LYFT), Upwork…

Is Upwork A Good Investment Considering These Changes?

If you’ve been to a grocery store recently, you know inflation is here. But it’s not just consumers struggling to cope with rising costs, so are companies that are trying not to price out customers.

Expert Ratings For Upwork

Analysts have provided the following ratings for Upwork (NASDAQ:UPWK) within the last quarter:

Analyst Ratings For Upwork

Within the last quarter, Upwork (NASDAQ:UPWK) has observed the following analyst ratings:

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Why Upwork Shares Are Sliding Today

Why Upwork Shares Are Sliding Today

Upwork Inc (NASDAQ:UPWK) has suspended all its business operations in Russia and Belarus, taking full effect by May 1, 2022. Existing contracts with talent and clients in the region will remain open, with final billing due by May 1, 2022. Upwork also withdrew its Q1 and FY22 guidance due to rapidly evolving,…

4 Popular Stocks That Recently Released Revenue Forecasts Below Analysts’ Expectations

4 Popular Stocks That Recently Released Revenue Forecasts Below Analysts’ Expectations

The major stock market indexes have been witnessing high price swings since the start of the year. And while impressive fourth-quarter corporate earnings have provided the stock market some support, popular companies Meta (FB), PayPal (PYPL), Affirm (AFRM), and Upwork (UPWK) reported revenues that were below Street estimates. So, let’s…

Analyst Ratings For Upwork

Analyst Ratings For Upwork

Upwork (NASDAQ:UPWK) has observed the following analyst ratings within the last quarter:

Why Are Upwork Shares Trading Lower Today?

Why Are Upwork Shares Trading Lower Today?

JMP Securities analyst Andrew Boone lowered the price target on Upwork Inc (NASDAQ:UPWK) to $48 from $55 and maintained an Outperform rating on the shares after its in-line Q4 earnings and below-consensus outlook. The analyst mentions that the company is making substantial investments in the business while delaying profitability, now estimating 2022 EBITDA to be…

Recap: Upwork Q4 Earnings

Recap: Upwork Q4 Earnings

Upwork (NASDAQ:UPWK) reported its Q4 earnings results on Thursday, February 10, 2022 at 04:05 PM. Here's what investors need to know about the announcement. Earnings Upwork reported in-line EPS of $-0.05 versus an estimate of $-0.05.

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