Fiverr International Q1 2024 Adj EPS $0.52 Beats $0.44 Estimate, Sales $93.524M Beat $92.417M Estimate
Portfolio Pulse from Benzinga Newsdesk
Fiverr International reported Q1 2024 adjusted EPS of $0.52, surpassing the $0.44 estimate, and sales of $93.524M, exceeding the $92.417M estimate. This represents a 44.44% increase in EPS and a 6.33% increase in sales from the same period last year.
May 09, 2024 | 5:52 am
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POSITIVE IMPACT
Fiverr International's Q1 2024 earnings and sales beat estimates, with a significant increase in EPS and sales compared to last year.
Beating both EPS and sales estimates significantly, especially with a notable year-over-year growth, typically leads to positive investor sentiment and could drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100