Brief: Upwork Sees Q2 Adj. EBITDA $0-2 Million
03/05/2023 21:07
May 3 (Reuters) - Upwork Q1 revenue USD 160.9 million vs. estimate USD 159 million. * Q1 adjusted EBITDA USD -2.9 million * Upwork sees Q2 Adj. EBITDA USD 0-2 million * Q1 gross profit USD 120.4 million * Q1 adjusted gross profit USD 120.9 million * Q1 operating expenses USD 145.5 million * Q1 adjusted operating expenses USD 125.8 million * Q1 adjusted net income USD -700 thousand
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