Fiverr International Q4 Adj. EPS $0.56 Beats $0.49 Estimate, Sales $91.50M Miss $92.42M Estimate
Portfolio Pulse from Benzinga Newsdesk
Fiverr International reported Q4 adjusted EPS of $0.56, surpassing the $0.49 estimate, marking a 115.38% increase from last year. However, its Q4 sales of $91.50M fell short of the $92.42M estimate, though it's a 10.07% increase from the previous year.
February 22, 2024 | 6:33 am
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NEUTRAL IMPACT
Fiverr International's Q4 adjusted EPS exceeded expectations at $0.56, a significant increase from last year, but sales slightly missed estimates at $91.50M.
The mixed results with an earnings beat but a slight miss on sales could lead to neutral market reaction. The significant YOY growth in EPS is positive, but the sales miss, albeit small, may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100