Investors Cheer Upwork’s Q4 Performance, Stock Gains On Strong Guidance
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Upwork, Inc. (NASDAQ:UPWK) reported better-than-expected fourth-quarter financial results after the bell Wednesday. Here’s a look at the highlights.
The Details:
Upwork reported quarterly earnings of 20 cents per share, which beat the analyst consensus estimate of 17 cents by 17.65%. The company reported quarterly sales of $183.9 million, beating the analyst consensus estimate of $178.16 million by 3.22% and representing a 13.91% increase over sales of $161.44 million from last year.
Upwork reported that its active clients grew 5% year-over-year to an all-time high of 851,000 at …
Full story available on Benzinga.com
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