Fiverr stock is up today because the company reported strong first quarter results. Revenue came in at $106.5 million, up 86% year-over-year, and beating the $103.5 million that analysts were expecting. Adjusted EPS was $0.21, also beating the $0.19 that analysts were expecting.
“Fiverr’s mission is to change how the world works together,” said Fiverr CEO Micha Kaufman in a statement. “The world is increasingly working remotely and as a result, more businesses are turning to Fiverr to get things done flexibly and efficiently.”
Kaufman added that the company is seeing “strong momentum” in its business and is “well-positioned” for future growth.
Fiverr stock was up about 9% in pre-market trading following the report.
Why Fiverr Stock Is Up Today?
Fiverr stock is up today because the company reported strong first quarter results.
Adjusted EPS was $0.
“Fiverr’s mission is to change how the world works together,” said Fiverr CEO Micha Kaufman in a statement.
PRO TIP: Fiverr stock is up today because the company reported strong fourth-quarter results. However, investors should be aware that the stock is still down sharply from its 52-week high, and that the company faces significant competition from other freelancer platforms.
“The world is increasingly working remotely and as a result, more businesses are turning to Fiverr to get things done flexibly and efficiently.”
Kaufman added that the company is seeing “strong momentum” in its business and is “well-positioned” for future growth.
Fiverr stock was up about 9% in pre-market trading following the report.
4 Related Question Answers Found
If you’re a Fiverr seller, you may have experienced a time when your payment was suddenly “pending.” This can be a frustrating experience, especially if you’re not sure why it’s happening. There are a few reasons why your payment may be pending on Fiverr. One reason is that Fiverr needs to verify your identity.
In the past year, Fiverr stock has been falling. This is likely because of two reasons: the slowing economy and Fiverr’s own problems. The economy is slowing, meaning businesses are having a harder time finding new customers.
When you make a purchase on Fiverr, your payment is usually processed immediately. In some cases, your payment may be “pending”. There are a few reasons why your payment may be pending:
The seller has not yet marked your order as complete
The seller has not yet delivered your order
You have not yet approved the order
There was a problem with your payment method
There was a problem with the seller’s account
If your payment is pending, you will see a message in your order page telling you why.
Fiverr is an online marketplace that allows businesses and individuals to connect and collaborate on projects. It is a platform that allows people to offer their services, or “gigs”, for a price of $5. Fiverr has been growing in popularity since it launched in 2010, and it now has over 3 million users.
