Upwork Inc. (UPWK) Tops Q3 EPS by 4c

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Go back to Upwork Inc. (UPWK) Tops Q3 EPS by 4c

Upwork Reports Third Quarter 2020 Financial Results

November 4, 2020 4:05 PM EST

Revenue grew 24% year-over-year to $96.7 million, exceeding guidanceMarketplace revenue grew 26% year-over-year to $88.0 millionMarketplace take rate improved from 13.3% to 13.6% year-over-year

SANTA CLARA, Calif., Nov. 04, 2020 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the worlds largest work marketplace that connects businesses with independent talent, as measured by gross services volume (GSV), today announced its third quarter 2020 financial results.

Our third quarter performance was fueled by strength from both existing and new clients, who adopted Upwork in record numbers. As the worlds largest work marketplace that connects businesses with... More