Upwork Inc. (UPWK) Tops Q4 EPS by 3c, provides guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Nasdaq futures drop over 2% as AI buildout costs, Fed rate outlook weigh
- Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides
- Oil prices fall as investors focus on Hormuz flows after peace talks
- SpaceX slides, tech stocks dip — what’s moving markets
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Upwork Inc. (UPWK) climbs after earnings, revenue tops consensus expectations
February 15, 2024 8:46 AM ESTUpwork Inc. (NASDAQ: UPWK) shares surged 2.6% following a robust fourth-quarter earnings report that exceeded analyst expectations. The online freelancing platform announced an adjusted EPS of $0.20, surpassing the consensus estimate of $0.17. Revenue for the quarter also beat forecasts, coming in at $183.93 million against the anticipated $178.15 million. This represents a significant 14% increase in revenue YoY, signaling strong growth for the company.
The positive market response aligns with Upwork's reported growth and profitability, showcasing a successful year. The company's active clients grew by 5% YoY, reaching a record 851,000 by the end of... More
