Upwork:Quarterly Results/2022 Q4: Difference between revisions

Line 17: Line 17:
|159
|159
|160
|160
|137
|136.86
|16.06%
|16.18%
|-
|-
|Non-GAAP basic and diluted loss per share
|Non-GAAP basic and diluted loss per share
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|}
|}
The management is guiding for a deceleration in revenue growth rate from the third quarter 2022 (23.80%) to the fourth quarter 2022(16.06%) due to the softening of seasonal and macroeconomic conditions. Additionally, the fourth quarter revenue growth rate is expected to be lower year-over-year due to a strong quarter in 2021 as a result of Covid tailwinds.  
The management is guiding for a deceleration in revenue growth rate from the third quarter 2022 (23.80%) to the fourth quarter 2022(16.06%) due to the softening of seasonal and macroeconomic conditions. Additionally, the fourth quarter revenue growth rate is expected to be lower year-over-year due to a strong quarter in 2021 as a result of Covid tailwinds.  
 
'''Yahoo Finance analysts estimates'''
{| class="wikitable"
|Key Metrics
|Average estimates
|y/y growth (%)
|-
|Revenue
|159.25
|16.36%
|-
|EPS
| -0.03
| -40.00%
|}
Yahoo Finance analysts expect Upwork to beat its mid-point revenue guidance. However, they expect the company to miss its earnings guidance by 20%.
 
== Competitor Expectations and Results ==
== Competitor Expectations and Results ==