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
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.