Upwork(UPWK)
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Upwork Vs. Fiverr: AI Fears Likely Overblown, Fiverr Looks More Attractive
Seeking Alpha· 2024-10-25 17:03
The manic-depressive Mr. Market does not always price stocks the way an appraiser or a private buyer would value a business. Instead, when stocks are going up, he happily pays more than their objective value; and, when they are going down, heAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving com ...
Upwork (UPWK) Soars 26.7%: Is Further Upside Left in the Stock?
ZACKS· 2024-10-25 00:20
Upwork (UPWK) shares rallied 26.7% in the last trading session to close at $12.73. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 5.6% loss over the past four weeks.Upwork is benefiting from an enhanced enterprise strategy, strong demand for its services, and advancements in AI innovation. As a result, the company has increased its guidance to $194 million for its preliminary third-quarter 2024 results, surp ...
Why Upwork Stock Is Skyrocketing Today
The Motley Fool· 2024-10-23 23:20
Upwork just published preliminary Q3 results and major restructuring news -- and Wall Street is feeling very bullish about the update.Upwork (UPWK 21.74%) stock is soaring in Wednesday's trading following the publication of preliminary third-quarter results. The gig-economy specialist's share price was up 22.6% as of 11 a.m. ET.Upwork published preliminary Q3 results before the market opened this morning, reporting performance that came in ahead of the market's expectations. In addition to the better-than-a ...
Upwork Announces Organizational Changes to Drive Continued Profitable Growth and Provides Preliminary Third Quarter 2024 Results Above Financial Guidance
GlobeNewswire News Room· 2024-10-23 21:07
Approximately $60 million in annual cost savings advances Upwork toward 5-year profitability target Company expects to exceed revenue and adjusted EBITDA guidance for third quarter 2024 results SAN FRANCISCO, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK) (“Upwork” or the “Company”), the world’s work marketplace that connects businesses with independent talent across the globe, today announced a more streamlined organizational structure and operational changes to continue the Company’s profita ...
Upwork: A Small Bet Activist Pressure Will Succeed
Seeking Alpha· 2024-10-18 00:49
文章核心观点 - 在线工作平台公司Upwork的股价在2024年9月13日下跌37%,但公司却上调了业绩指引 [1] - 这家公司是由资深投资分析师Bret Jensen领导的"Busted IPO Forum"投资组合的一部分,专注于上市18个月到6年的公司 [1] 公司概况 - Upwork是一家在线工作平台公司 [1] - 公司股价在2024年9月13日下跌37% [1] - 但公司却上调了业绩指引,表现不佳 [1] 投资分析 - 公司被资深投资分析师Bret Jensen的"Busted IPO Forum"投资组合关注 [1] - 该投资组合专注于上市18个月到6年的公司 [1] - 分析师表示自己持有公司股票的长期权益 [2]
Upwork to Report Third Quarter Financial Results on November 6, 2024
GlobeNewswire News Room· 2024-10-16 04:03
SAN FRANCISCO, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's largest work marketplace that connects businesses with independent talent from across the globe, today announced that it will report its financial results for the third quarter of 2024 on Wednesday, November 6, 2024 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. A live webcast of the call will be available on th ...
Upwork: Good Value And How We Can Further Add Extra Income
Seeking Alpha· 2024-10-10 02:12
文章核心观点 - 全球自由职业平台市场预计将以较快的速度增长,主要驱动因素包括员工招聘流程的变革需求以及远程工作文化的兴起 [1] 行业总结 - 全球自由职业平台市场规模预计将以较快的速度增长 [1] 公司总结 无相关内容
Upwork Study Finds Companies That Integrate Distributed Work, Flexible Talent Strategies, and Advanced Technology Achieve Better Financial Outcomes
GlobeNewswire News Room· 2024-10-09 18:00
SAN FRANCISCO, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's work marketplace that connects businesses with independent talent across the globe, today released its latest Work Innovators Report, revealing that companies integrating distributed work (remote, hybrid, and geographically dispersed models), flexible talent strategies (such as freelancers or contractors), and advanced technology (like AI or automation) are achieving better financial results compared to their peers. The ...
Upwork Confirms Receipt and Comments on Shareholder Letter
GlobeNewswire News Room· 2024-09-14 05:03
SAN FRANCISCO, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's largest work marketplace that connects businesses with independent talent across the globe, today issued the following statement in response to a letter from Engine Capital to Upwork's Board of Directors: Upwork's Board of Directors and management team maintain an open dialogue with and value constructive input from investors. We continually evaluate options to enhance value and are committed to acting in the best inte ...
Activist investor Engine Capital pushes for new board at Upwork after taking 4% stake
CNBC· 2024-09-13 19:00
Close-up of sign at entrance to Silicon Valley headquarters of outsourcing and freelancing company Upwork, Mountain View, California, May 3, 2019. Activist investor Engine Capital has a roughly 4% stake in freelance marketplace Upwork and is pushing for a shakeup to the company's board. In a letter to Upwork's board on Friday, Engine said the company needs to fix "foundational issues" that are plaguing the platform. Engine stopped short of calling for CEO Hayden Brown's ouster in the letter, which was obtai ...