Upwork Inc. (UPWK) Tops Q2 EPS by 6c, Revenues Beat; Offers 3Q Revenue Guidance Above Consensus

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Upwork Reports Second Quarter 2020 Financial Results

August 4, 2020 4:06 PM EDT

Revenue grew 19% year-over-year to $87.5 million, exceeding guidanceMarketplace revenue grew 19% year-over-year to $78.5 millionMarketplace take rate improved from 12.9% to 13.7% year-over-year

SANTA CLARA, Calif., Aug. 04, 2020 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the largest online talent solution, as measured by gross services volume (GSV), today announced its second quarter 2020 financial results.

We had a strong second quarter supporting the growing set of customers who are increasingly eager to leverage our on-demand remote talent solution, said Hayden Brown, President and CEO of Upwork. We capitalized on... More

Upwork Reports Second Quarter 2020 Financial Results

August 4, 2020 4:05 PM EDT

Revenue grew 19% year-over-year to $87.5 million, exceeding guidanceMarketplace revenue grew 19% year-over-year to $78.5 millionMarketplace take rate improved from 12.9% to 13.7% year-over-year

SANTA CLARA, Calif., Aug. 04, 2020 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the largest online talent solution, as measured by gross services volume (GSV), today announced its second quarter 2020 financial results.

We had a strong second quarter supporting the growing set of customers who are increasingly eager to leverage our on-demand remote talent solution, said Hayden Brown, President and CEO of Upwork. We capitalized on... More