Fiverr International (FVRR) Tops Q4 EPS by 11c; Guides Q1, FY23
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Fiverr Announces Fourth Quarter and Full Year 2022 Results
February 22, 2023 1:00 AM ESTCost reduction and efficient execution drove improvement in operating leverage: We continue to navigate the challenging macro environment with strong execution and cost discipline, delivering Adjusted EBITDA ahead of the top end of our guidance and the highest quarterly Adjusted EBITDA in our history. Total number of categories on Fiverr reached 600 with AI services being the newest addition: Category expansion continues to be a key growth strategy, expanding our addressable market and driving traffic and conversion. AI-related services saw tremendous growth in the past few weeks as SMBs seek... More
