
Fiverr International Ltd. reported its third-quarter earnings for 2024, revealing a revenue of $99.6 million, an increase of 8% year-over-year from $92.5 million in the same quarter of 2023. The company’s GAAP net income was $1.4 million, equating to $0.04 per share, which fell short of expectations by $0.04. Despite the earnings miss, Fiverr's performance metrics showed positive trends, with annual spend per buyer growing by 9% year-over-year and a take rate of 33.9%, up 260 basis points from the previous year. The company also raised its full-year guidance slightly and indicated that it anticipates achieving its first $100 million quarter in Q4 2024, suggesting a return to double-digit growth. Following the earnings announcement, Fiverr's stock rose by 20% in pre-market trading.
Fiverr International Ltd. $FVRR just held their Q3 2024 earnings call🎙️. Takeaways for $FVRR investors: 👇👇👇 Performance Metrics: - Revenue: $99.6M (up 8% YoY) - Adjusted EBITDA: $19.7M (19.7% margin) - Take rate: 33.9% (up 260 basis points YoY) - Spend per buyer: $296 (up…
Fiverr is up 20% this morning after a big Q3 earnings beat. Annual spend per buyer grew 9% YoY. And take-rate continues to expand thanks to growth of its seller services. $FVRR https://t.co/P6YY1Jr2Mg
$FVRR (+4.0% pre) Fiverr International (FVRR) Beats Q3 Earnings and Revenue Estimates https://t.co/6hQES4sTEk

