Fiverr International logo

FVRR - Fiverr International News Story

$179.8 -4.1  -2.2%

Last Trade - 06/05/21

Sector
Technology
Size
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  urn:newsml:reuters.com:*: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)
 ((Ayanti.Bera@thomsonreuters.com; within U.S.+1 646 223 8780,
outside U.S. +91 80 6749 3401;))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.