Upwork Inc. (UPWK) Tops Q1 EPS by 3c, Revenues Beat; Offers 2Q Revenue Guidance Below Consensus
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Upwork Reports First Quarter 2020 Financial Results
May 6, 2020 4:03 PM EDTRevenue grew 21% year-over-year to $83.2 millionMarketplace revenue grew 24% year-over-year to $74.8 millionGross margin expanded three percentage points year-over-year to 72%
SANTA CLARA, Calif., May 06, 2020 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the largest online talent solution, as measured by gross services volume (GSV), today announced its first quarter 2020 financial results.
With the global spread of the coronavirus significantly accelerating the adoption of remote work and increasing the value that companies place on workforce flexibility, Upworks solutions for customers are more relevant than... More
