Upwork Inc. (UPWK) Tops Q4 EPS by 7c, Revenues Beat; Offers Q1 Revenue Guidance Below Consensus, FY19 Revenue Mid-Point Guidance Above Consensus

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Go back to Upwork Inc. (UPWK) Tops Q4 EPS by 7c, Revenues Beat; Offers Q1 Revenue Guidance Below Consensus, FY19 Revenue Mid-Point Guidance Above Consensus

Upwork Reports Fourth Quarter and Full Year 2018 Financial Results

February 28, 2019 4:04 PM EST

Gross services volume (GSV) increased by 28% year-over-year to $1.76 billion for the full yearRevenue increased by 25% year-over-year to $253.4 million for the full yearCore clients grew 22% year-over-year to over 105,000 as of December 31, 2018Client spend retention increased to 108% as of December 31, 2018, up from 99% a year ago

MOUNTAIN VIEW, Calif., Feb. 28, 2019 (GLOBE NEWSWIRE) --  Upwork Inc. (Nasdaq: UPWK), the largest freelancing website, as measured by GSV, today announced its fourth quarter and full year 2018 financial results.

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