6,575
edits
Upwork:Quarterly Results/2023 Q1: Difference between revisions
→Management Guidance and Analysts Estimate
| Line 297: | Line 297: | ||
===== 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<nowiki/>(page 10)</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> The company added "we expect Q1’23 to be the most challenging quarter in terms of year over year growth rate, due to the comparison to Q1’22 when growth was minimally impacted by macro headwinds." | ||
* Fiverr has beaten earnings estimates in all the trailing four quarters<ref>https://www.zacks.com/stock/news/2092360/fiverr-fvrr-to-report-q1-earnings-whats-in-the-cards</ref>. | * Fiverr has beaten earnings estimates in all the trailing four quarters<ref>https://www.zacks.com/stock/news/2092360/fiverr-fvrr-to-report-q1-earnings-whats-in-the-cards</ref>. | ||
* Analysts expect its revenue to exceed the mid-point guidance of $87.5 million by 0.2%. | * Analysts expect its revenue to exceed the mid-point guidance of $87.5 million by 0.2%. | ||
| Line 340: | Line 340: | ||
===== Full year 2023 ===== | ===== Full year 2023 ===== | ||
* | * The company said they forecast year over year growth rate to increase over the course of 2023 while adding that they " expect to exit 2023 with double digit revenue growth rate at midpoint."<ref name=":1" /> | ||
{| class="wikitable" | {| class="wikitable" | ||