Fiverr International: Q3 Earnings Insights

Shares of Fiverr International FVRR rose 1.7% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 200.00% year over year to $0.12, which beat the estimate of $0.08.

Revenue of $52,345,000 higher by 87.84% from the same period last year, which beat the estimate of $49,000,000.

Guidance

Q4 revenue expected between $52,400,000 and $53,400,000.

Details Of The Call

Date: Oct 28, 2020

Time: 08:30 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.fiverr.com%2F&eventid=2626017&sessionid=1&key=D4877CB3718260C3180A730457F0CB4C&regTag=&sourcepage=register

Technicals

52-week high: $184.99

52-week low: $19.32

Price action over last quarter: Up 23.69%

Company Description

Fiverr International Ltd is involved in buying and selling digital services in the same fashion as physical goods on an e-commerce platform. It is set out to design a digital marketplace that is built with a comprehensive SKU-like services catalog and a search, finds, and order process that mirrors a typical e-commerce transaction. The service offerings of the company include Graphics and Design, Digital Marketing, Wiring and Translation, and Video and Animation among others.