— Fiverr International Ltd. (NYSE: FVRR) reported a loss of $0.08 per share in the fourth quarter of 2019, vs $0.14 per share loss expected.
— Q4 revenue grew 43% to $29.5 million, vs. $28.69 million expected. The topline was driven by continued growth in both active buyers and spend per buyer.
— Active buyers reached 2.4 million, representing 17% YoY growth. Spend per buyer rose 17% to $170.
— For the first quarter of 2020, Fiverr expects revenue in the range of $32-33 million and adjusted EBITDA loss of $5.5 – $4.5 million.
For the full fiscal year, revenues are projected to be $139-141 million, while adjusted EBITDA loss is seen in the range of $15-13 million.
— FVRR shares shot up 3.5% immediately following the announcement.
Production disruption and logistics issues continue to have a crippling effect on the industrial sector but the performance of companies, in general, has been mixed so far. Fastenal Company (NASDAQ:
Netflix, Inc. (NASDAQ: NFLX) Thursday said it added 8.3 million paid members in the December quarter. Revenues increased and matched estimates, aided by the relaxation of COVID restrictions and resumption
Investment management firm Charles Schwab Corporation (NYSE: SCHW) has stayed largely unaffected by the coronavirus crisis, rather it managed to tap into new opportunities. The company owes its impressive financial