What's Going On With UpWork's Stock Friday?

Upwork Inc UPWK shares are trading lower by 10.5% at $51.48 Friday afternoon after the company reported second-quarter earnings results and issued third-quarter and FY21 guidance.

Upwork reported quarterly earnings of 3 cents per share which beat the analyst consensus estimate of a loss of 9 cents per share. 

Upwork also reported quarterly sales of $124.20 million which beat the analyst consensus estimate of $120.24 million.

Upwork is a United States-based company that operates an online marketplace that enables businesses to find and work with highly-skilled independent professionals.

Upwork has a 52-week high of $64.49 and a 52-week low of $13.09.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: MoversTrading Ideaswhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!