Profile
Sector:
Communication ServicesIndustry:
Internet Content & InformationCountry:
United StatesIPO:
03 October 2018Website:
http://www.upwork.comNext earnings report:
02 August 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Tue, 16 Jul 2024 23:48:01 GMTDividend
Analysts recommendations
Institutional Ownership
UPWK Latest News
SAN FRANCISCO, July 16, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's largest work marketplace that connects businesses with independent talent from across the globe, today announced that it will report its financial results for the second quarter of 2024 on Wednesday, August 7, 2024 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.
Upwork NASDAQ: UPWK is a technology firm that operates as an online marketplace, connecting freelance workers and independent contractors with employers. In 2024, the stock price is down 29% due to fears that AI will eliminate many freelance jobs.
The gig economy is under pressure from AI's rising effectiveness, but I think the fears are overstated.
Upwork (UPWK) is showing promise from a technical standpoint, as it has recently hit a significant level of support. The stock has surpassed the 50-day moving average, indicating a positive short-term trend.
Upwork CEO Hayden Brown appears on CNBC's 'The Exchange' to talk about how Upwork is enhancing AI, labor market trends, and other topics.
The Upwork Q1 2024 Earnings Conference Call will begin at 5:00 PM ET on May 1, 2024. The call will feature President and CEO Hayden Brown, CFO Erica Gessert, and VP of IR David Niederman, among others. Thank you for joining us.
Upwork (UPWK) reported earnings of $0.22 per share for the quarter, surpassing the Zacks Consensus Estimate of $0.19 per share. This is an improvement from a loss of $0.01 per share in the same quarter last year.
Gain a more in-depth understanding of Upwork's (UPWK) potential performance in the first quarter of 2024 by looking beyond Wall Street's predictions for revenue and profit, and analyzing estimates for its critical metrics.
Upwork is expected to have a strong first quarter due to higher spending from current customers and the addition of new clients.
Zacks.com users have been closely monitoring Upwork (UPWK) lately, so it is important to understand the key factors that could impact the stock's future performance.
What type of business is Upwork?
Upwork Inc. is the operator of an online job marketplace. The company Upwork Inc. was registered in 2013 and is headquartered in Santa Clara, California. The company offers a platform that allows businesses using remote workers and tools to hire employees, manage their activities, and pay for completed work. With its help, businesses can find and hire, among other specialists, developers, designers, writers, marketers, and customer support representatives, as well as pay for their services. The Company's platform also enables clients to optimize such work processes as finding specialists, establishing contacts, and entering into contracts.
What sector is Upwork in?
Upwork is in the Communication Services sector
What industry is Upwork in?
Upwork is in the Internet Content & Information industry
What country is Upwork from?
Upwork is headquartered in United States
When did Upwork go public?
Upwork initial public offering (IPO) was on 03 October 2018
What is Upwork website?
https://www.upwork.com
Is Upwork in the S&P 500?
No, Upwork is not included in the S&P 500 index
Is Upwork in the NASDAQ 100?
No, Upwork is not included in the NASDAQ 100 index
Is Upwork in the Dow Jones?
No, Upwork is not included in the Dow Jones index
When was Upwork the previous earnings report?
No data
When does Upwork earnings report?
The next expected earnings date for Upwork is 02 August 2024