Upwork Inc is a leading online platform that connects freelancers with businesses seeking skilled professionals for various projects. It provides a marketplace where companies can post job opportunities and freelancers can showcase their expertise across numerous fields, including writing, design, programming, marketing, and more. The platform facilitates seamless collaboration, allowing clients to manage their projects, communicate with freelancers in real-time, and make payments securely. By bridging the gap between talent and opportunity, Upwork empowers individuals to work remotely while helping businesses access a diverse pool of skilled workers from around the world. Read More
Upwork's first-quarter achievements and strategic innovations signal a robust trajectory for the company within an increasingly complex freelance sector.
Shares of online work marketplace Upwork (NASDAQ:UPWK)
jumped 19% in the afternoon session after the company reported strong first quarter 2025 results which significantly beat analysts' revenue and EBITDA expectations, with full-year EBITDA and EPS guidance also coming in ahead of Wall Street's estimates. Despite only a 1% lift in sales and a 2% dip in total services volume, the business managed to protect its bottom line through more efficient cost management. On the other hand, its number of customers declined. Still, with AI-related spending climbing and new premium services gaining traction, Upwork has shown it can offset customer churn with better monetization and cost control. Overall, this print was mixed but still had some key positives.
Upwork Inc. (NASDAQ: UPWK) shares are trading higher Tuesday following the release of better-than-expected first-quarter earnings and an upward revision to its full-year profit forecast.
Upwork delivered solid first-quarter results and investors are driving the stock higher on Tuesday. Analysts are weighing in on the company's strong report.
Online work marketplace Upwork (NASDAQ:UPWK) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, but sales were flat year on year at $192.7 million. The company expects next quarter’s revenue to be around $186.5 million, close to analysts’ estimates. Its non-GAAP profit of $0.27 per share was in line with analysts’ consensus estimates.
As the regular session of the US market concludes on Monday, let's get an insight into the after-hours session and identify the stocks leading the pack in terms of gains and losses.
Achieves record first quarter with revenue of $192.7 million, GAAP net income of $37.7 million and adjusted EBITDA of $56.0 million, resulting in 20% profit margin and 29% adjusted EBITDA marginReiterates FY2025 revenue guidance and raises full-year adjusted EBITDA guidance
Market swings can be tough to stomach, and volatile stocks often experience exaggerated moves in both directions.
While many thrive during risk-on environments, many also struggle to maintain investor confidence when the ride gets bumpy.
Generating cash is essential for any business, but not all cash-rich companies are great investments.
Some produce plenty of cash but fail to allocate it effectively, leading to missed opportunities.
Upwork Research Institute launches inaugural Future Workforce Index, revealing that skilled freelancers are outpacing full-time employees in earning power, AI adoption, and future-ready skills
The low valuation multiples for value stocks provide a margin of safety that growth stocks rarely offer.
However, the challenge lies in determining whether these cheap assets are genuinely undervalued or simply on sale due to their potentially deteriorating business models.
PALO ALTO, Calif., April 15, 2025 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, today announced that it will report its financial results for the first quarter of 2025 on Monday, May 5, 2025 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.
Investors looking for hidden gems should keep an eye on small-cap stocks because they’re frequently overlooked by Wall Street.
Many opportunities exist in this part of the market, but it is also a high-risk, high-reward environment due to the lack of reliable analyst price targets.
Upwork has had an impressive run over the past six months. While the S&P 500 has been flat, the stock has returned 29.6% and now trades at $13.80. This run-up might have investors contemplating their next move.
By breaking down physical barriers, consumer internet businesses are reshaping how people shop, connect, learn, and play. These themes have enabled rapid growth for the industry,
which has posted a 4.1% gain over the past six months.
This was a good place to be as the S&P 500 shed 1.6% of its value.
