Companies will hire more as a result of generative AI, says Upwork CEO Hayden Brown
Upwork CEO Hayden Brown joins CNBC's 'The Exchange' to discuss the market for freelance work, trends she is seeing in AI, and more.
Why Upwork Stock Popped Today
The online employment marketplace posted solid third-quarter results.
These Analysts Raise Their Forecasts On Upwork Following Strong Earnings
Upwork Inc. UPWK reported better-than-expected third-quarter results after Wednesday's closing bell.
Upwork Inc. (UPWK) Q3 2024 Earnings Call Transcript
Upwork Inc. (UPWK) Q3 2024 Earnings Call Transcript
Upwork (UPWK) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Upwork (UPWK) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Upwork (UPWK) Q3 Earnings and Revenues Surpass Estimates
Upwork (UPWK) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.21 per share a year ago.
Upwork Fortifies Profitability Plan With Raised Q3 Forecasts
The world's largest digital freelance platform, Upwork Inc. NASDAQ: UPWK, took proactive measures ahead of its upcoming third quarter of 2024 earnings release due out Nov. 6, 2024. The company preannounced upside Q3 guidance along with organizational changes in its efforts to drive profits.
Why Upwork Stock Was Racing Higher This Week
Upwork might soon be a slimmer, more effective, and profitable company.
Upwork Vs. Fiverr: AI Fears Likely Overblown, Fiverr Looks More Attractive
Upwork and Fiverr have seen steep declines due to concerns over slowing revenue growth, partly driven by AI replacing some freelancing services. While AI has reduced demand for simple tasks like logo design, it has boosted freelancer productivity and created new service opportunities. Both platforms are attractively priced, but Fiverr stands out with better engagement metrics, higher gross margins, and strong app ratings.
Upwork (UPWK) Soars 26.7%: Is Further Upside Left in the Stock?
Upwork (UPWK) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Why Upwork Stock Is Skyrocketing Today
Upwork just published preliminary Q3 results and major restructuring news -- and Wall Street is feeling very bullish about the update.
Upwork: A Small Bet Activist Pressure Will Succeed
Today, we take a look at Upwork, Inc. after Engine Capital recently initiated a 3.5% stake in the firm amid criticism of management's strategic direction. Despite macroeconomic challenges and AI concerns, Upwork's simplified fee structure and cost-cutting measures improved take rates and profitability in FY23. Upwork's strong cash flow and low valuation multiples highlight its potential for long-term growth, despite AI fears and competitive pressures.
