Fiverr shares are trading lower after the company reported mixed Q4 financial results and issued Q1 and FY24 revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Fiverr's stock price declined following the announcement of mixed Q4 financial results and the provision of Q1 and FY24 revenue guidance that fell short of expectations.
February 22, 2024 | 4:45 pm
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Fiverr's shares are trading lower due to mixed Q4 financial results and disappointing revenue guidance for Q1 and FY24.
Fiverr's stock price is directly impacted by its financial performance and future revenue outlook. The mixed Q4 results combined with lower-than-expected revenue guidance for Q1 and FY24 suggest potential challenges ahead, leading to negative investor sentiment and a decrease in stock price in the short term.
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