Upwork Inc. (UPWK) Tops Q4 EPS by 11c; Raises Revenue Outlook

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Upwork Reports Fourth Quarter and Full Year 2020 Financial Results

February 23, 2021 4:05 PM EST

Fourth quarter 2020 revenue grew 32% year-over-year to $106.2 million
Marketplace revenue grew 34% to $96.9 million Full year 2020 revenue grew 24% year-over-year to $373.6 million Marketplace revenue grew 26% to $338.2 million Gross margin expanded two percentage points year-over-year to 73% in the fourth quarter and one percentage point to 72% for full year 2020

SANTA CLARA, Calif., Feb. 23, 2021 (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 fourth quarter and full year... More