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Upwork:Quarterly Results/2022 Q4: Difference between revisions
Upwork:Quarterly Results/2022 Q4 (view source)
Revision as of 12:12, 13 February 2023
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=== Management Guidance<ref>https://investors.upwork.com/static-files/b5ef19da-22d6-4701-a36b-aa86cb398a6b#:~:text=Our%20overall%20take%20rate%20in,quarter%20of%20the%20prior%20year.</ref> === | === Management Guidance<ref>https://investors.upwork.com/static-files/b5ef19da-22d6-4701-a36b-aa86cb398a6b#:~:text=Our%20overall%20take%20rate%20in,quarter%20of%20the%20prior%20year.</ref> === | ||
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. | |||
{| class="wikitable" | {| class="wikitable" | ||
|Key metrics | |Key metrics | ||
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| -0.05 | | -0.05 | ||
| -60.00% | | -60.00% | ||
|} | |} | ||
=== '''Yahoo Finance analysts estimates'''<ref>https://finance.yahoo.com/quote/UPWK/analysis/</ref> === | === '''Yahoo Finance analysts estimates'''<ref>https://finance.yahoo.com/quote/UPWK/analysis/</ref> === | ||