Fiverr Announces Fourth Quarter and Full Year 2019 Results

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Fiverr International Ltd. (FVRR) PT Raised to $38 at Needham & Company

February 19, 2020 12:12 PM EST

Needham & Company analyst Brad Erickson raised the price target on Fiverr International Ltd. (NYSE: FVRR) to $38.00 (from $31.00) while maintaining a Buy rating.

The analyst commented, "FVRR continues to cleanly outperform expectations with strong execution through more efficient new buyer acquisition, accelerated new geographic rollout... More

Fiverr International (FVRR) Tops Q4 EPS by 6c, Revenues Beat; Offers Q1 & FY20 Revenue Guidance Above Consensus

February 19, 2020 7:05 AM EST

Fiverr International (NYSE: FVRR) reported Q4 EPS of ($0.08), $0.06 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $29.5 million versus the consensus estimate of $28.69 million.

Consistent execution throughout 2019 drove a strong finish to the year with Q4 revenue growth of 43% y/y, exceeding the top end of our guidance and accelerating for the second consecutive quarterBoth active buyers and spend per buyer accelerated to 17% y/y during the fourth quarter along with continued improvement in take rate to 26.7%Rolled out two localized websites... More