6 rules only successful people follow

01

Why Fiverr Stock Soared Today

No result found, try new keyword!Shares of Fiverr International (NYSE: FVRR) surged 17.9% on Wednesday, following the release of the online freelance marketplace's blockbuster second-quarter results.  Fiverr's revenue, https://www.fiverr.com/amlendu11?up_rollout=true,  rocketed 82% to ...

02

Fiverr Earnings: FVRR Stock Flies 18% on Better-Than-Expected Q2

© Source: Temitiman / Shutterstock.com Fiverr (FVRR) app on smartphone

Fiverr (NYSE:FVRR) earnings for the freelance service platform’s second quarter of 2020 have FVRR stock taking off on Wednesday. That’s thanks to its adjusted earnings per share of 10 cents beating out Wall Street’s estimate for a loss of 6 cents. Its revenue of $47.13 million is also well above analysts’ estimate of $36.54 million.....https://www.fiverr.com/amlendu11?up_rollout=true

© Provided by InvestorPlace Fiverr (FVRR) app on smartphone

Now, let’s see what else went right for Fiverr in its most recent earnings report.

Adjusted per-share earnings are a positive switch from an adjusted loss per share of 19 cents in Q2 2019.

Revenue for the quarter is sitting 82% higher than the $25.91 million during the same time last year.

Operating loss of $598,000 is a 93.6% improvement year-over-year from a loss of $9.32 million.

The Fiverr earnings also have the company reporting a net loss of $124,000.

That is 98.7% better than the company’s net loss of $9.35 million reported in the same period of the year prior.

Micha Kaufman, founder and CEO of Fiverr, said this about the earnings report.

https://www.fiverr.com/amlendu11?up_rollout=true

“We have delivered an outstanding quarter of results as our strong execution amidst the COVID-19 pandemic resulted in 82% y/y growth in revenue and Adjusted EBITDA profitability. I’m incredibly proud that Fiverr has been playing an important role in the livelihoods of individuals and businesses everywhere during this challenging global environment.”

Fiverr also provides guidance for 2020 in its current earnings report. It’s expecting revenue for the year to come in between $177.5 million and $179.5 million. That will have it easily beating out Wall Street’s revenue estimate of $148.19 million in 2020.

FVRR stock was up 18% as of Wednesday afternoon.

https://www.fiverr.com/amlendu11?up_rollout=true

As of this writing, William White did not hold a position in any of the aforementioned securities.

03

Fiverr International (FVRR) Q2 Earnings and Revenues Beat Estimates

https://www.fiverr.com/amlendu11?up_rollout=true

No result found, try new keyword!Fiverr International (FVRR) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of a loss of $0.04 per share. This compares to loss of $0.19 per share a year ago.