Upwork Inc (UPWK) Posts Remarkable Turnaround with Full Year Net Income of $46.9 Million [Yahoo! Finance]
Upwork Inc. (UPWK)
Last upwork inc. earnings: 2/26 04:09 pm
Check Earnings Report
Company Research
Source: Yahoo! Finance
Net Income : A significant turnaround with a net income of $17.4 million in Q4, compared to a net loss of $(16.5) million in the same quarter last year. Earnings Per Share (EPS) : Diluted EPS for Q4 stood at $0.13, a stark improvement from a loss per share of $(0.13) in Q4 2022. Adjusted EBITDA : Q4 adjusted EBITDA soared to $30.5 million, up from $1.1 million in the prior year's quarter. Client Growth : Active clients grew by 5% year-over-year, hitting an all-time high of 851,000. Free Cash Flow : Adjusted free cash flow for the full year was $48.3 million, a positive shift from $(2.2) million in the previous year. Warning! GuruFocus has detected 5 Warning Sign with UPWK. On February 14, 2024, Upwork Inc ( NASDAQ:UPWK ) released its 8-K filing , detailing its financial results for the fourth quarter and full year of 2023. The company, known for its global online marketplace that connects businesses with skilled independent professionals, has demonstrated resilience and a
Show less
Read more
Impact Snapshot
Event Time:
UPWK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
UPWK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
UPWK alerts
High impacting Upwork Inc. news events
Weekly update
A roundup of the hottest topics
UPWK
News
- Is Upwork Inc.'s (NASDAQ:UPWK) ROE Of 14% Impressive? [Yahoo! Finance]Yahoo! Finance
- Upwork Inc. (NASDAQ:UPWK) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Upwork Inc. (NASDAQ: UPWK) had its price target lowered by analysts at Royal Bank of Canada from $18.00 to $15.00. They now have a "sector perform" rating on the stock.MarketBeat
- Upwork Inc. (NASDAQ: UPWK) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $20.00 price target on the stock.MarketBeat
- Upwork Inc. (NASDAQ: UPWK) was upgraded by analysts at BTIG Research from a "neutral" rating to a "buy" rating. They now have a $16.00 price target on the stock.MarketBeat
UPWK
Earnings
- 5/1/24 - Beat
UPWK
Sec Filings
- 5/3/24 - Form 144
- 5/1/24 - Form 10-Q
- 5/1/24 - Form 8-K
- UPWK's page on the SEC website