For the quarter ended December 2024, Upwork (UPWK) reported revenue of $191.48 million, up 4.1% over the same period last year. EPS came in at $0.30, compared to $0.20 in the year-ago quarter.The reported revenue represents a surprise of +6.24% over the Zacks Consensus Estimate of $180.24 million. With the consensus EPS estimate being $0.25, the EPS surprise was +20.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street exp ...

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 ...

Upwork (UPWK) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 20%. A quarter ago, it was expected that this online freelance marketplace operator would post earnings of $0.23 per share when it actually produced earnings of $0.29, delivering a surprise of 26.09%.Over the last four quar ...

Exhibit 99.1 Upwork Reports Fourth Quarter and Full Year 2024 Financial Results Achieves record revenue, GAAP net income and adjusted EBITDA for the fourth quarter and full year 2024 Fourth-quarter revenue of $191.5 million and GAAP net income of $147.2 million Fourth-quarter adjusted EBITDA of $50.2 million or 26% adjusted EBITDA margin, Upwork's highest ever Full-year revenue of $769.3 million, GAAP net income of $215.6 million, and adjusted EBITDA of $167.6 million 1 2,3 1 2,3 1 2,3 PALO ALTO, Calif. – F ...

Achieves record revenue, GAAP net income1 and adjusted EBITDA2,3 for the fourth quarter and full year 2024Fourth-quarter revenue of $191.5 million and GAAP net income1 of $147.2 millionFourth-quarter adjusted EBITDA2,3 of $50.2 million or 26% adjusted EBITDA margin, Upwork’s highest ever Full-year revenue of $769.3 million, GAAP net income1 of $215.6 million, and adjusted EBITDA2,3 of $167.6 million PALO ALTO, Calif., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work mar ...

Upwork (NASDAQ: UPWK ), the marketplace connecting clients to freelancers and a Covid-era darling, is up around 60% in the last six months - trading at around $16 per share, yet still far off its Covid highs of $59 per share. I think UPWK's model hasI'm in the last year of my law PhD on the topic of corporate wrongdoing. My main focus in equity research is following up on companies that have been targeted by activist short sellers. I have found these interesting because:i) they are typically undercovered - ...

PALO ALTO, Calif., Jan. 22, 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 that it will report its financial results for the fourth quarter and full year of 2024 on Wednesday, February 12, 2025 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. A live webcast of the call wil ...

PALO ALTO, Calif., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s work marketplace that connects businesses with independent talent, today released its annual In-Demand Skills report, spotlighting the most sought-after skills across key work categories on its platform. The findings highlight a dual emphasis on advanced technical skills and human-centric roles, underscoring the evolving demands of a workforce shaped by emerging technologies, digital transformation, and global disru ...

PALO ALTO, Calif., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Upwork Inc. (NASDAQ:UPWK), the world's work marketplace that connects businesses with independent talent, today released its annual In-Demand Skills report, spotlighting the most sought-after skills across key work categories on its platform. The findings highlight a dual emphasis on advanced technical skills and human-centric roles, underscoring the evolving demands of a workforce shaped by emerging technologies, digital transformation, and global disrup ...

SAN FRANCISCO, Jan. 02, 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 that President and CEO Hayden Brown and CFO Erica Gessert will participate in a fireside chat at the 27th Annual Needham Growth Conference in New York, NY on Wednesday, January 15, 2025 at 8:45 a.m. PT/11:45 a.m. ET. A live webcast of the fireside chat will be available in the Events and Presentations section ...