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Upwork:Quarterly Results/2022 Q4: Difference between revisions
Upwork:Quarterly Results/2022 Q4 (view source)
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Yahoo Finance analysts expect Upwork to beat its mid-point revenue guidance. However, they expect the company to miss its earnings guidance by 20%. | Yahoo Finance analysts expect Upwork to beat its mid-point revenue guidance. However, they expect the company to miss its earnings guidance by 20%. | ||
== Recent developments == | |||
* Upwork's study reveals that sales & business development (54%), data entry (47%), accounting (45%), and 3D animation (44%) are the most in-demand skills in 2023<ref>https://www.upwork.com/press/releases/upwork-unveils-most-in-demand-skills-for-independent-professionals-in-2023</ref>. | |||
* Upwork's study found that 60 million Americans performed freelance work in the past 12 months, representing 39% of the entire U.S. workforce(up from 36% in 2021)<ref>https://www.upwork.com/press/releases/freelance-forward-upwork-study-finds-60-million-americans-freelancing-in-2022</ref>. | |||
* LinkedIn data indicates that US businesses are increasingly hiring contract workers as recession fears grow. Contract job positions posted on the platform between May and November 2022 rose by 26% compared to the same period in 2021<ref>https://www.ft.com/content/53329655-74b3-4820-a5f9-37ae39ad6d7d</ref>. | |||
== Competitor Expectations and Results == | == Competitor Expectations and Results == | ||