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Upwork:Quarterly Results/2023 Q1: Difference between revisions

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Upwork:Quarterly Results/2023 Q1 (view source)

Revision as of 10:07, 24 April 2023

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* New CFO.  
* New CFO.  


==== Management Guidance ====
==== Management Guidance and Analysts Estimate ====


===== Q1 2023 =====
===== Q1 2023 =====


* Upwork's Q1 guidance reflects the macroeconomic and related trends that they are observing.
* Upwork's Q1 guidance reflects the macroeconomic and related trends that they are observing.
{| class="wikitable"
{| class="wikitable"
|+
|
!Key Items
| colspan="6" |'''Management Guidance<ref>https://investors.upwork.com/static-files/5463bf46-5aea-4c23-b61b-c3f37b4467e3#:~:text=GAAP%20net%20loss%20per%20basic,%24(56.2)%20million%20in%202021<nowiki/>(page 15)</ref>'''
!Lower Point
| colspan="2" |'''Analysts Estimate<ref>https://finance.yahoo.com/quote/UPWK/analysis?p=UPWK</ref>'''
!Y/Y
|-
!Mid point
|Key Items
!Y/Y
|'''Lower Point'''
!Upper point
|'''Y/Y Growth'''
!Y/Y
|'''Mid point'''
|'''Y/Y Growth'''
|'''Upper point'''
|'''Y/Y Growth'''
|'''Consensus Estimate'''
|'''Y/Y Growth'''
|-
|-
|Revenue<ref name=":0">https://investors.upwork.com/static-files/5463bf46-5aea-4c23-b61b-c3f37b4467e3#:~:text=GAAP%20net%20loss%20per%20basic,%24(56.2)%20million%20in%202021<nowiki/>.(page 15)</ref>
|Revenue
|$157 million
|$157 million
|11.11%
|11.11%
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|$160 million
|$160 million
|13.23%
|13.23%
|$ 158.99 million
|12.52%
|-
|-
|Adjusted EBITDA<ref name=":0" />
|Adjusted EBITDA
| -$11 million
| -$11 million
|
| -$9.5 million
|
| -$8 million
|
|
|  -$9.5 million
|
|
|  -$8 million
|
|
|-
|-
|Basic EPS<ref name=":0" />
|Basic EPS
| -$0.03
| -$0.03
|0%
|0%
| -0.045
| -0.045
|50%
|50%
| -$0.06
| -$0.06
|100%
|100%
| -$0.07
|133.33%
|-
|-
|Brand media investment<ref name=":0" />
|Brand media investment
|$15 million
|$15 million
|
|
|
|
|
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{| class="wikitable"
{| class="wikitable"
!
! colspan="6" |Management Guidance<ref>https://investors.upwork.com/static-files/5463bf46-5aea-4c23-b61b-c3f37b4467e3#:~:text=GAAP%20net%20loss%20per%20basic,%24(56.2)%20million%20in%202021<nowiki/>(page 15)</ref>
! colspan="2" |Analysts Estimate<ref>https://finance.yahoo.com/quote/UPWK/analysis?p=UPWK</ref>
|-
!Key Items
!Key Items
!Lower Point
!Lower Point
!Y/Y
!Y/Y Growth
!Mid point
!Mid point
!Y/Y
!Y/Y Growth
!Upper point
!Upper point
!Y/Y
!Y/Y Growth
!Consensus Estimate
!Y/Y Growth
|-
|-
|Revenue<ref name=":0" />
|Revenue
|$690 million
|$690 million
|11.65%
|11.65%
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|$705 million
|$705 million
|14.1%
|14.1%
|$698.31 million
|12.9%
|-
|-
|Adjusted EBITDA<ref name=":0" />
|Adjusted EBITDA
|$15 million
|$15 million
|
|
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|
|
|$20 million
|$20 million
|
|
|
|
|-
|-
|Non-GAAP diluted EPS<ref name=":0" />
|Non-GAAP diluted EPS
|$0.11
|$0.11
|
|
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|
|
|$0.15
|$0.15
|
|$0.11
|
|
|-
|-
|Brand media investment<ref name=":0" />
|Brand media investment
|
|
|
|
|
|
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|
|
|}
|}
== Competitor Results and Expectations ==
== Competitor Results and Expectations ==


=== Fiverr ===
=== Fiverr ===


==== Management Guidance ====
==== Management Guidance and Analysts Estimate ====


===== Q1 2023 =====
===== Q1 2023 =====


* Fiverr's Q1 2023 guidance reflects the challenging macroenvironment "where SMBs are more cautious towards spending and investments."<ref name=":1">https://s23.q4cdn.com/749308338/files/doc_financials/2022/q4/Q4'22-Fiverr-Shareholder-Letter.pdf</ref>
* Fiverr's Q1 2023 guidance reflects the challenging macroenvironment "where SMBs are more cautious towards spending and investments."<ref name=":1">https://s23.q4cdn.com/749308338/files/doc_financials/2022/q4/Q4'22-Fiverr-Shareholder-Letter.pdf<nowiki/>(page 10)</ref>


{| class="wikitable"
{| class="wikitable"
|+
|+
!
! colspan="6" |Management Guidance<ref name=":1" />
! colspan="2" |Analysts Estimate<ref name=":0">https://finance.yahoo.com/quote/FVRR/analysis?p=FVRR</ref>
|-
!Key Items
!Key Items
!Lower Point
!Lower Point
!Y/Y
!Y/Y Growth
!Mid Point
!Mid Point
!Y/Y
!Y/Y Growth
!Upper Point
!Upper Point
!Y/Y
!Y/Y Growth
!Consensus Estimate
!Y/Y Growth
|-
|-
|Revenue
|Revenue
|$86.5 million
|$86.5 million
| -0.23%
| -0.23%
|$87.5 million
|$87.5 million
|0.92%
|0.92%
|$88.5 million
|$88.5 million
|2.07%
|2.07%
|$87.66 million
|1.15%
|-
|-
|Adjusted EBITDA
|Adjusted EBITDA
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|$9.75 million
|$9.75 million
|
|
|$10.5 million  
|$10.5 million
|
|
|
|
|}
|}
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{| class="wikitable"
{| class="wikitable"
!
! colspan="6" |Management Guidance<ref name=":1" />
! colspan="2" |Analysts Estimate<ref name=":0" />
|-
!Key Items
!Key Items
!Lower Point
!Lower Point
!Y/Y
!Y/Y Growth
!Mid Point
!Mid Point
!Y/Y
!Y/Y Growth
!Upper Point
!Upper Point
!Y/Y
!Y/Y Growth
!Consensus Estimate
!Y/Y Growth
|-
|-
|Revenue
|Revenue
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|$365.0 million
|$365.0 million
|8.31%
|8.31%
|$359.57 million
|6.52%
|-
|-
|Adjusted EBITDA
|Adjusted EBITDA
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|
|
|$55.0 million
|$55.0 million
|
|
|
|
|}
|}


== References ==
== References ==
Retrieved from "https://investmentwiki.mywikis.eu/wiki/Special:MobileDiff/5153"