Recap: Upwork Q4 Earnings

Upwork UPWK reported its Q4 earnings results on Wednesday, February 14, 2024 at 04:05 PM.

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

Earnings

Upwork beat estimated earnings by 17.65%, reporting an EPS of $0.2 versus an estimate of $0.17.

Revenue was up $22.49 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.11 which was followed by a 10.52% increase in the share price the next day.

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

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.10 0.01 -0.07 -0.03
EPS Actual 0.21 0.10 -0.01 0.04
Revenue Estimate 168.30M 162.71M 158.99M 159.29M
Revenue Actual 175.73M 168.61M 160.86M 161.44M

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.

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