Upwork: Q1 Earnings Snapshot

Associated Press Finance

05-06

PALO ALTO, Calif. (AP) — PALO ALTO, Calif. (AP) — Upwork Inc. (UPWK) on Monday reported net income of $37.7 million in its first quarter.

The Palo Alto, California-based company said it had net income of 27 cents per share. Earnings, adjusted for one-time gains and costs, were 34 cents per share.

The online freelance marketplace operator posted revenue of $192.7 million in the period.

For the current quarter ending in June, Upwork expects its per-share earnings to range from 26 cents to 28 cents.

The company said it expects revenue in the range of $184 million to $189 million for the fiscal second quarter.

Upwork expects full-year earnings in the range of $1.14 to $1.18 per share, with revenue ranging from $740 million to $760 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UPWK at https://www.zacks.com/ap/UPWK

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(AP) — PALO ALTO, Calif. (AP) — <a href=\"https://laohu8.com/S/UPWK\">Upwork Inc.</a> (UPWK) on Monday reported net income of $37.7 million in its first quarter.</p>\n<p>The Palo Alto, California-based company said it had net income of 27 cents per share. Earnings, adjusted for one-time gains and costs, were 34 cents per share.</p>\n<p>The online freelance marketplace operator posted revenue of $192.7 million in the period.</p>\n<p>For the current quarter ending in June, Upwork expects its per-share earnings to range from 26 cents to 28 cents.</p>\n<p>The company said it expects revenue in the range of $184 million to $189 million for the fiscal second quarter.</p>\n<p>Upwork expects full-year earnings in the range of $1.14 to $1.18 per share, with revenue ranging from $740 million to $760 million.</p>\n<p>_____</p>\n<p>This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. 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(UPWK) on Monday reported net income of $37.7 million in its first quarter.\nThe Palo Alto, California-based company said it had net income of 27 cents per share. Earnings, adjusted for one-time gains and costs, were 34 cents per share.\nThe online freelance marketplace operator posted revenue of $192.7 million in the period.\nFor the current quarter ending in June, Upwork expects its per-share earnings to range from 26 cents to 28 cents.\nThe company said it expects revenue in the range of $184 million to $189 million for the fiscal second quarter.\nUpwork expects full-year earnings in the range of $1.14 to $1.18 per share, with revenue ranging from $740 million to $760 million.\n_____\nThis story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. 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