Upwork: Q3 Earnings Insights

Upwork UPWK reported its Q3 earnings results on Wednesday, October 26, 2022 at 04:05 PM.

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

Upwork beat estimated earnings by 62.5%, reporting an EPS of $-0.03 versus an estimate of $-0.08.

Revenue was up $30.50 million from the same period last year.

Last quarter the company beat on EPS by $0.04 which was followed by a 18.02% drop in the share price the next day.

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

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	-0.08	-0.13	-0.05	0.01
EPS Actual	-0.04	-0.03	-0.05	0.04
Revenue Estimate	147.80M	136.47M	131.77M	126.60M
Revenue Actual	156.90M	141.34M	136.86M	128.14M

To track all earnings releases for Upwork visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar