Revenue segments as reported by the company.

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Managed Services

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Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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Operating Margin

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Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Provision for transaction losses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Upwork Inc

Upwork, Inc. operates an online marketplace that enables businesses to find, hire, and pay freelancers for short-term and longer-term projects. Its marketplace offerings include Upwork Basic, Upwork Plus, Upwork Business, Upwork Enterprise, and Upwork Payroll. The company was founded by Odysseas Tsatalos and Efstratios Karamanlakis in December 2013 and is headquartered in San Francisco, CA.

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Upwork reports robust Q4 earnings, eyes AI talent market growth

Upwork's Q4 2022 performance showcased revenue growth, strong brand awareness, and expansion in the Enterprise segment. While facing challenges in client acquisition and retention, the company is leveraging opportunities in the AI talent market and organizational restructuring for future success.

Upwork surpasses Q1 revenue expectations, eyes AI for growth

Upwork's Q1 performance exceeded expectations, showcasing growth and profitability initiatives. While facing challenges from macroeconomic uncertainty, the company remains focused on leveraging AI and optimizing Enterprise sales. Opportunities lie in AI-driven efficiency gains and targeting high-value Enterprise segments.

Upwork reports solid Q2 earnings, expands AI services with OpenAI

Upwork's Q2 2023 performance reflects steady revenue growth, operational efficiency, and a strong market presence, underpinned by strategic investments in AI and new client acquisitions.
The company's focus on sustainable profitability, innovative partnerships, and expanding service offerings positions it well for future growth and value creation for shareholders.
While facing challenges in talent scalability and operational balancing, Upwork's proactive approach to addressing these issues and seizing growth opportunities bodes well for its long-term success.

Upwork surpasses Q3 expectations with AI investments driving growth

Upwork's Q3 2023 performance exceeded expectations, driven by AI investments and strong revenue growth. Challenges include macroeconomic uncertainties and balancing margin accretion with growth investments. Opportunities lie in strategic brand investments, sales optimization, and education partnerships to drive growth and strengthen competitiveness.

Upwork reports robust Q4 earnings, eyes AI innovation for growth

Upwork's Q4 2023 performance reflects strong revenue growth, record net income, and successful AI investments and partnerships, positioning the company for future success.
While challenges like revenue moderation and expense optimization exist, opportunities in AI innovation, advertising products, and strategic investments offer avenues for growth.
Overall, Upwork's financial strength, focus on innovation, and confidence in driving profitability and cash flow growth underscore a positive outlook for the company's future.

Upwork reports strong Q1 earnings, eyes AI growth opportunities

Upwork's Q1 2024 showcased robust financial performance, profitability focus, and strategic growth initiatives.
The company's emphasis on AI capabilities, partnerships, and revenue diversification positions it well for sustained growth.
Challenges in AI-related premium wages moderation and client retention strategies require attention for long-term success.

Upwork reports solid Q2 results, focuses on innovation and margin growth

Upwork's Q2 performance showed revenue growth but faced challenges from macroeconomic conditions. The company's strengths lie in its marketplace model, AI-related work success, and high gross margins. Opportunities exist in strategic investments for growth and margin expansion.

Upwork reports robust Q3 earnings, eyes AI growth and efficiency

Upwork's Q3 2024 performance reflects strong revenue growth, operational efficiency, and strategic initiatives to drive client engagement and platform enhancements.
While macroeconomic challenges pose concerns, the company's focus on AI, Business Plus, and cost savings positions it well for sustained growth and innovation.
With increased revenue guidance and a focus on AI capabilities, Upwork is poised to navigate challenges and leverage opportunities for future expansion and success.

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Cost of revenue

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SG&A

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EBITDA

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Cash from financing

Change in stock

Change in debt

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Net change in cash

Free cash flow

Upwork, Inc. is an online marketplace that enables businesses to find, hire, and pay freelancers for short-term and longer-term projects. Its marketplace offerings include Upwork Basic, Upwork Plus, Upwork Business, Upwork Enterprise, and Upwork Payroll. The company was founded by Odysseas Tsatalos and Efstratios Karamanlakis in December 2013 and is headquartered in Palo Alto, CA.

SAN FRANCISCO--(BUSINESS WIRE)--Upwork, the world's work marketplace, and the Tent Partnership for Refugees (Tent), a global network of over 250 major businesses committed to supporting refugees, today launched “Opportunity Unlimited: Connecting displaced professionals to remote work” – a new initiative to connect tens of thousands of professionals displaced from Ukraine to skilled remote work opportunities. As Europe sees its largest refugee crisis since World War II – with over 5 million peop

Upwork and Tent Announce “Opportunity Unlimited” to Connect Professionals Displaced from Ukraine to Remote Work Opportunities

SAN FRANCISCO, July 05, 2022 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's largest work marketplace that connects businesses with independent talent, as measured by gross services volume (“GSV”), today announced that it will report its financial results for the second quarter of 2022 on Wednesday, July 27, 2022 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.

Upwork to Report Second Quarter 2022 Financial Results on July 27, 2022

This freelancer platform faces challenges, but it remains an interesting way to bet on the gig economy.

Down 34%, Is Upwork Stock a Buy?

Upwork is capitalizing off of the gig economy. The company is set to experience robust revenue growth and is the market leader in the freelance space.

Upwork Stock: A Slightly Different And Maybe Better Bet On The Gig Economy?

Upwork Inc. (NASDAQ:UPWK) is one of the beaten-down stocks this year. The stock is down -47.39% year-to-date, more than a drop of 28% for the Nasdaq-100 composite.

Should you buy Upwork stock after the latest upgrade by RBC?

Shares of Upwork have been in an uptrend since mid-May, though the stock remains down more than 40% year to date. The driver for the recent rally is a strong Q1 earnings print, plus a restatement of its guidance for the year.

Upwork: Time For The Relief Rally

SAN FRANCISCO--(BUSINESS WIRE)--Upwork (Nasdaq: UPWK), the world's work marketplace, today launched Upwork Academy, a learning hub for professionals looking to build their business on Upwork, in addition to releasing a wide-ranging set of updates, features, and resources for its Upwork Community. Skilled professionals across the globe turn to Upwork as they reevaluate their priorities, pursue professional and personal growth, and explore new ways of working. Upwork's Community is the ultimate h

Upwork Launches Academy and Bolsters Community Offerings to Support Independent Talent

Target price of $35.80 with a 100%+ upside. UpWork is the #1 hybrid work marketplace offering the most complete solution for talent and clients.

UpWork: The #1 Hybrid Work Marketplace And Its Hidden Value

Upwork reported a solid Q1 despite impacts from the Russian invasion of Ukraine. The company faces an impact of up to 10% of their business disrupted in the region, but Upwork still guided to nearly 20% growth in 2023.

Upwork: Leaping Past Russia

Upwork has what it takes to capture the massive addressable market as it cements itself as the go-to marketplace for skilled freelancers. It is receiving tremendous traction in the enterprise. Upwork has healthy and improving unit economics.

Upwork: The Gateway To Talent Access

Upwork, the work marketplace looking to connect businesses with independent talent, is announcing its financial results for the recent quarter, saying it is striving to increase connectivity even amid various points of strife in the world right now. A letter to shareholders cited the new amount of global uncertainty and conflict, which Upwork said had […]

Upwork Focus: 'Raise Awareness,' Continue Momentum

Upwork Inc. (NASDAQ:UPWK ) Q1 2022 Earnings Conference Call April 27, 2022 5:00 PM ET Company Participants Evan Barbosa - Vice President, Investor Relations Hayden Brown - President and Chief Executive Officer Jeff McCombs - Chief Financial Officer Conference Call Participants Eric Sheridan - Goldman Sachs Bernie McTernan - Needham & Company Maria Ripps - Canaccord Marvin Fong - BTIG Matt Farrell - Piper Sandler Andrew Boone - JMP Securities Rohit Kulkarni - MKM Partners Brent Thill - Jefferies Operator Thank you for standing by and welcome to the Upwork First Quarter 2022 Financial Results. [Operator Instructions] I would now like to hand the conference over to Evan Barbosa, Vice President of Investor Relations.

Upwork Inc. (UPWK) CEO Hayden Brown on Q1 2022 Results - Earnings Call Transcript

Upwork Inc (NASDAQ: UPWK) reported first-quarter revenue growth of 24% year-over-year to $141.3 million, beating the consensus of $136.47 million. Marketplace revenue was $129.4 million (+24% Y/Y), and Managed services revenue was $11.9 million (+33% Y/Y).

Upwork Stock Shines On Q1 Growth, Expects Strong Q2 Performance

SAN FRANCISCO, April 27, 2022 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's largest work marketplace that connects businesses with independent talent, as measured by gross services volume (“GSV”), today announced its financial results for the first quarter of 2022. Please visit the Upwork Investor Relations website at investors.upwork.com/financial-information/quarterly-results to view Upwork's first quarter 2022 Shareholder Letter.

Upwork Reports First Quarter 2022 Financial Results

SAN FRANCISCO, April 14, 2022 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's largest work marketplace that connects businesses with independent talent, as measured by gross services volume (“GSV”), today announced that Chief Financial Officer Jeff McCombs and VP of Investor Relations Evan Barbosa, will participate in the Credit Suisse 4th Annual eXtreme Ideas Conference on Wednesday, May 4, 2022.

Upwork to Participate in Credit Suisse 4th Annual eXtreme Ideas Conference

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Barrick Gold

Lockheed Martin

Lyft

Raytheon Technologies

Sempra Energy

With a variety of factors creating a unique dynamic in the global markets, these hot stocks to buy in April could help lift your portfolio. The post 7 Hot Stocks to Buy in April for Amazing Gains appeared first on InvestorPlace.

7 Hot Stocks to Buy in April for Amazing Gains

SAN FRANCISCO, April 04, 2022 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's largest work marketplace that connects businesses with independent talent, as measured by gross services volume (“GSV”), today announced that it will report its financial results for the first quarter of 2022 on Wednesday, April 27, 2022 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.

Upwork to Report First Quarter 2022 Financial Results on April 27, 2022

SAN FRANCISCO--(BUSINESS WIRE)--Upwork (NASDAQ: UPWK), the world's work marketplace, today announced that it has been named to the second annual TIME100 Most Influential Companies list that highlights businesses making an extraordinary impact around the world. Upwork earned its place on the prestigious list by executing on its strategy to innovate, evangelize, and scale its work marketplace. In the past year alone, the company launched a host of powerful products and features that enable highly

Upwork Named to TIME's List of 100 Most Influential Companies of 2022

Shares of Upwork have lost 30% of their value year to date, largely a reflection of increased pessimism toward growth stocks.

Upwork: As The World Shifts Toward Freelance, This Is The Right Stock To Bank On

Upwork Inc. (NASDAQ:UPWK) announced earlier this month the suspension of all business operations in Russia and Belarus which will take full effect by May 1.

Why Upwork Stock is Still Worth It Despite Recent Russia Suspension

Despite a recovery this week, the gig-economy stock is still down 35% year to date.

Why Upwork Stock Is Soaring by Double Digits This Week

Discovery

Fiverr

Payoneer Global

WeWork

The invasion of Ukraine by Russia has led to many companies offering support to Ukraine while pulling operations from Russia. For many companies, the operations in the two countries represent a small portion of revenue and could have minimal impact on operations as the conflict continues.

5 Companies That Stand To Lose Due To Operations In Russia, Ukraine

Shares of Upwork Inc. tumbled 12.6% in Monday trading after the company, which runs a platform that connects freelancers with clients who need work performed, said it would be pulling out of Russia and Belarus due to the invasion of Ukraine.

Upwork stock sinks after company suspends Russia business, yanks outlook

Upwork is shutting down business in Russia and Belarus.

Why Upwork Went Down 10% Instead

Upwork Inc (NASDAQ: UPWK) has suspended all its business operations in Russia and Belarus, taking full effect by May 1, 2022. Existing contracts with talent and clients in the region will remain open, with final billing due by May 1, 2022.

News for Upwork Inc Stock (UPWK)