Fiverr Announces First Quarter 2020 Results
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Fiverr International (FVRR) Tops Q1 EPS by 5c, Revenues Beat; Raises 2Q & FY20 Revenue Guidance Above Consensus
May 7, 2020 7:42 AM EDTFiverr International (NYSE: FVRR) reported Q1 EPS of ($0.08), $0.05 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $34.2 million versus the consensus estimate of $33.23 million.
First Quarter 2020 Financial Highlights
Revenue in the first quarter of 2020 was $34.2 million, an increase of 44% year over year.Active buyers as of March 31, 2020 grew to 2.5 million, compared to 2.1 million as of March 31, 2019, an increase of 17% year over year.Spend per buyer as of March 31, 2020 reached $177, compared to $150 as of March 31, 2019, an increase of 18% year over year.Take rate for the year ended... More