Upwork Inc. (UPWK) Tops Q1 EPS by 7c, Revenues Beat; Offers 2Q & FY21 Revenues Guidance Above Consensus

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Upwork Reports First Quarter 2021 Financial Results

May 4, 2021 4:05 PM EDT

SAN FRANCISCO, May 04, 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 first quarter 2021 financial results.

After a record year in 2020, were off to an even stronger 2021, said Hayden Brown, President and Chief Executive Officer of Upwork. We continue to see success with our strategy as demonstrated by accelerating growth of both new clients and core clients, growing spend per client, and increasing customer lifetime value. With Covid shattering the biggest... More