Fiverr International Ltd. (FVRR) PT Lowered to $40 at Needham & Company
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Fiverr Announces First Quarter 2022 Results
May 11, 2022 1:00 AM EDTStrong Q122 execution: We posted solid Q1 results amid a shifting macro environment. Q1 revenue was $86.7 million, a record for us. It was also the first time in any Q1 that we achieved Adjusted EBITDA profitability, a quarter when we typically front load marketing investments. New catalog experience on Fiverr Business: We rolled out major upgrades to the browsing experience on Fiverr Business, putting talent at the forefront to provide a more intuitive search experience for business buyers, while the e-commerce experience provides conversion and transaction efficiencies. AI Audition: A Fiverr... More
