Categories AlphaGraphs, Earnings
[INFOGRAPHIC] Fiverr reports second quarter 2020 earnings
The company forecasts higher revenue growth for 3Q 2020
Fiverr International Ltd. (NYSE: FVRR) today announced its second quarter financial results for the period ended June 30, 2020.
Second quarter GAAP net loss was $0.1 million, or $0.01 per share, compared to GAAP net loss of $9.4 million, or $0.88 per share in second quarter of 2019.
Net sales increased 82% to $47.1 million.
The company has achieved its quarterly adj. EBITDA profitability for the first time and targets EBITDA profitability for the future quarters in 2020
“Fiverr has reached an inflection point in Q2, having achieved Adjusted EBITDA profitability and brought our topline scale to the next level. While the global macroeconomic conditions remain highly uncertain, we are confident that our business model, strong execution ability and financial discipline will continue to drive our growth forward.”
Ofer Katz, CFO
Most Popular
Key highlights from Abbott Laboratories (ABT) Q1 2024 earnings results
Abbott Laboratories (NYSE: ABT) reported its first quarter 2024 earnings results today. Total sales increased 2.2% year-over-year to $10 billion. Organic sales growth was 10.8%. Net earnings decreased 7% to $1.22
US Bancorp (USB) Q1 2024 Earnings: Key financials and quarterly highlights
US Bancorp (NYSE: USB) reported its first quarter 2024 earnings results today. Total net revenue decreased 6.4% year-over-year to $6.7 billion. Net income applicable to US Bancorp common shareholders decreased
UAL Earnings: United Airlines Q1 loss narrows on higher revenues; results beat
United Airlines Holdings, Inc. (NYSE: UAL) reported a narrower net loss for the first quarter of 2024, on an adjusted basis. The bottom line benefitted from an increase in revenues.
