Recap: Fiverr International Q2 Earnings

 

Shares of Fiverr International FVRR decreased 22.8% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share increased 90.00% over the past year to $0.19, which beat the estimate of $0.10.

Revenue of $75,263,000 higher by 59.69% from the same period last year, which beat the estimate of $74,820,000.

Looking Ahead

Q3 revenue expected to be between $68,000,000 and $72,000,000.

How To Listen To The Conference Call

Date: Aug 05, 2021

Time: 08:30 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.fiverr.com%2F&eventid=3192435&sessionid=1&key=665687171DB7D8D63128E33EF2E45782&regTag=&V2=false&sourcepage=register

Price Action

Company's 52-week high was at $336.00

Company's 52-week low was at $99.39

Price action over last quarter: down 1.29%

Company Description

Fiverr International Ltd is involved in buying and selling digital services in the same fashion as physical goods on an e-commerce platform. It is set out to design a digital marketplace that is built with a comprehensive SKU-like services catalog and a search, finds, and order process that mirrors a typical e-commerce transaction. The service offerings of the company include Graphics and Design, Digital Marketing, Wiring and Translation, and Video and Animation among others.

See also: Best Penny Stocks Under $1

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