Recap: Upwork Q3 Earnings
Portfolio Pulse from Benzinga Insights
Upwork (NASDAQ:UPWK) reported its Q3 earnings results, beating estimated earnings by 110.0% with an EPS of $0.21 versus an estimate of $0.1. Revenue was up $17.09 million from the same period last year. Last quarter, the company beat on EPS by $0.09, which was followed by a 44.23% increase in the share price the next day.
November 07, 2023 | 9:26 pm
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POSITIVE IMPACT
Upwork's Q3 earnings beat estimates significantly, which could lead to a positive impact on its share price in the short term.
Upwork's significant beat on Q3 earnings estimates, coupled with a history of share price increase following earnings beats, suggests a potential positive impact on its share price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100