Fiverr's Expects 3Q23 Revenue Of $89.5M-$92.5M Vs. $90.6M Consensus And Adjusted EBITDA Of $14.5M-$16.5M; Sees FY23 Revenue Of $358M-$365M (Prior $355M - $365M) Vs. $361.12M Consensus And Adjusted EBITDA Of $56M-$60M (Prior $48M-$56M)
Portfolio Pulse from Benzinga Newsdesk
Fiverr has updated its Q3 and FY23 financial outlook, expecting Q3 revenue of $89.5M-$92.5M and FY23 revenue of $358M-$365M. The company also anticipates Q3 adjusted EBITDA of $14.5M-$16.5M and FY23 adjusted EBITDA of $56M-$60M. This reflects the strength of Fiverr's business and recent marketplace trends.
August 04, 2023 | 12:36 pm
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Fiverr's updated financial outlook for Q3 and FY23 indicates strong business performance and positive marketplace trends. This could potentially lead to an increase in the company's stock price.
Fiverr's updated financial outlook, which exceeds consensus estimates, indicates strong business performance and positive marketplace trends. This news is highly relevant and important for investors as it could potentially lead to an increase in the company's stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100