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Upwork:Quarterly Results/2023 Q1: Difference between revisions
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* It also narrowed its adjusted EBITDA guidance for 2023 to $48.0 - $56.0 million from $45.0 - $55.0 million. | * It also narrowed its adjusted EBITDA guidance for 2023 to $48.0 - $56.0 million from $45.0 - $55.0 million. | ||
* Fiverr expects the Q2 2023 revenue to grow by 4%-6% y/y to $88.0 - $90.0 million. | * Fiverr expects the Q2 2023 revenue to grow by 4%-6% y/y to $88.0 - $90.0 million. | ||
* Fiverr is positive on AI. | * Fiverr is positive on AI. | ||
"We haven’t seen the development of AI displacing the need for human talent; on the contrary, we are seeing the increasing need for human skills to deploy and implement AI technologies; an influx of new service categories and AI talent emerging on the marketplace; higher quality of work and improving productivity where AI tools are utilized; and opportunities to continuously re-imagine the future of e-commerce," the statement said | |||
* The company sees stabilization in cohort dynamics. | * The company sees stabilization in cohort dynamics. | ||