— 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.
Listen to on-demand earnings calls and hear how management responds to analysts’ questions
Most Popular
PG Earnings: Procter & Gamble Q3 profit climbs, beats estimates
Consumer goods behemoth The Procter & Gamble Company (NYSE: PG) announced financial results for the third quarter of 2024, reporting a double-digit growth in net profit. Sales rose modestly. Core
AXP Earnings: All you need to know about American Express’ Q1 2024 earnings results
American Express Company (NYSE: AXP) reported its first quarter 2024 earnings results today. Consolidated total revenues, net of interest expense, increased 11% year-over-year to $15.8 billion, driven mainly by higher
Netflix (NFLX) Q1 2024 profit tops expectations; adds 9.3Mln subscribers
Streaming giant Netflix, Inc. (NASDAQ: NFLX) Thursday reported a sharp increase in net profit for the first quarter of 2024. Revenues were up 15% year-over-year. Both numbers exceeded Wall Street's
