Upwork Inc. (UPWK) Tops Q1 EPS by 1c; Offers Q2 & FY19 Revenue Guidance

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Go back to Upwork Inc. (UPWK) Tops Q1 EPS by 1c; Offers Q2 & FY19 Revenue Guidance

Upwork Reports First Quarter 2019 Financial Results

May 8, 2019 4:05 PM EDT

Gross services volume (GSV) increased by 21% year-over-year to $487 million for the first quarter of 2019Revenue increased by 16% year-over-year to $68.9 million for the first quarter of 2019Core clients grew 22% year-over-year to approximately 111,000 as of March 31, 2019Client spend retention increased to 107% as of March 31, 2019, up from 103% as of March 31, 2018

MOUNTAIN VIEW, Calif., May 08, 2019 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the largest freelancing website,... More