Fiverr Announces Third Quarter 2020 Results
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Fiverr International (FVRR) Tops Q3 EPS by 5c, Revenues Beat; Raises 4Q & FY20 Revenue Guidance Above Consensus (Earlier)
October 28, 2020 9:35 AM EDTFiverr International (NYSE: FVRR) reported Q3 EPS of $0.13, $0.05 better than the analyst estimate of $0.08. Revenue for the quarter came in at $52.3 million versus the consensus estimate of $49 million.
Accelerated growth in Q320: Strong momentum continued into Q3 with 88% y/y topline growth - we continue to execute and drive results as the global shift towards digital transformation and remote work acceleratesContinued momentum of buyer growth: Active buyers grew 37% y/y with net adds of over 310K as strong trends from both organic and paid channels continuedPromoted Gigs expansion: Promoted... More