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
Salesforce stock hit by weak guidance, co-CEO’s exit. What next?
For technology stocks, 2022 has been a challenging year, with companies losing significant market value amid prolonged stock selloff. In that respect, Salesforce, Inc. (NYSE: CRM) is among the worst-affected
Macy’s (M): Here’s a look at the retailer’s expectations for the near term
Shares of Macy’s Inc. (NYSE: M) were down on Thursday. The stock has gained 36% over the past three months and 18% over the past one month. The company’s sales
KR Earnings: Kroger Q3 sales, profit increase and top expectations
Department store chain The Kroger Co. (NYSE: KR) on Thursday said its third-quarter sales and adjusted earnings increased year-over-year. The latest numbers also exceeded the market's expectations. Net earnings attributable to
