Recap: Upwork Q3 Earnings

Upwork UPWK reported its Q3 earnings results on Wednesday, October 27, 2021 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Upwork beat their estimated earnings by 300.0%, reporting an EPS of $0.04 versus an estimate of $0.01, which surprised analysts.

Revenue was up $31,393,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.12, which was followed by a 9.99% drop in the share price the next day.

Here's a look at Upwork's past performance:

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