6,575
edits
| Line 17: | Line 17: | ||
|159 | |159 | ||
|160 | |160 | ||
| | |136.86 | ||
|16. | |16.18% | ||
|- | |- | ||
|Non-GAAP basic and diluted loss per share | |Non-GAAP basic and diluted loss per share | ||
| Line 28: | Line 28: | ||
|} | |} | ||
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 == | ||