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FVRR - Fiverr International News Story

$179.8 -4.1  -2.2%

Last Trade - 06/05/21

Large Cap
Market Cap £4.74bn
Enterprise Value £4.65bn
Revenue £136.3m
Position in Universe 1202nd / 6849

BUZZ-Fiverr International: Jumps as co expects to exceed Q1 revenue guidance

Wed 8th April, 2020 5:43pm
**  Shares of online marketplace for freelancers  FVRR.N 
rise ~24% to $29 - set for best day ever
    ** Company expects Q1 revenue and adj. EBITDA to come in
slightly above guidance; FVRR is scheduled to report results on
May 7*:nBw7Kb3hja
    ** "People are turning to Fiverr to explore new income
sources as they now have more time at home and as global
unemployment increases," says CEO Micha Kaufman
    ** FVRR had previously expected Q1 revenue to be between $32
mln and $33 mln and adj. EBITDA (earnings before interest,
taxes, depreciation and amortization) loss between $5.5 mln and
$4.5 mln
    ** Adds that it had over 2.4 mln buyers on its marketplace
at the end of 2019
    ** Stock has risen ~23% this year

 (Reporting by Ayanti Bera in Bengaluru)
 ((; within U.S.+1 646 223 8780,
outside U.S. +91 80 6749 3401;))
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