Upwork: Q3 Earnings Insights

Shares of Upwork UPWK were flat in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 33.33% year over year to ($0.02), which beat the estimate of ($0.08).

Revenue of $96,748,000 up by 22.80% from the same period last year, which beat the estimate of $90,440,000.

Looking Ahead

Upwork Sees Q4 Sales $96M-$98M vs $92.7M Estimate; FY20 Sales $363M-$365M vs $353.8M Est.

Details Of The Call

Date: Nov 04, 2020

Time: 05:00 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/rxkfbirb

Technicals

Company's 52-week high was at $21.30

Company's 52-week low was at $5.14

Price action over last quarter: Up 31.88%

Company Profile

Upwork Inc is a United States-based company that operates an online marketplace that enables businesses to find and work with highly-skilled independent professionals. The develops platform for hiring and freelancing purpose. Its products offering include Upwork Basic, Upwork Plus, Upwork Business, Upwork Enterprise, and Upwork Payroll.