Welcome to our dedicated page for Fiverr International Ltd. news (Ticker: FVRR), a resource for investors and traders seeking the latest updates and insights on Fiverr International Ltd. stock.
Fiverr International Ltd. (NYSE: FVRR) is pioneering the future of work by leading the freelance economy online. Established in 2010, Fiverr operates from key global locations including New York City, Chicago, Miami, San Francisco, and Tel Aviv, and has emerged as the world's largest and most transacted marketplace for digital services.
Fiverr's platform allows buyers to procure a wide range of digital services with ease and efficiency. By offering a horizontal marketplace, Fiverr provides nearly any digital service through a seamless, one-click purchase process, eliminating the need for negotiations over deliverables or prices. Users can choose from an extensive catalog of pre-packaged services, encompassing categories like Graphic Design, Digital Marketing, Video and Animation, Writing and Translation, and many more, delivered by freelancers from over 196 countries.
In recent developments, Fiverr has launched a reimagined homepage, a new consulting category, and an updated review and leveling system to enhance user experience and foster stronger relationships between businesses and freelancers. CEO Micha Kaufman emphasized that these innovations are driven by feedback from Fiverr's global community, intending to provide radical transparency and clearer paths for freelancers to improve and grow their businesses.
Fiverr's financial health is robust, as evidenced by their 2023 performance which saw revenue and Adjusted EBITDA surpassing targets. The company is committed to continuous innovation, introducing AI features across the platform and aiming to expand its market share in the digital services industry. Their strategic focus includes moving upmarket and investing in complex services to drive profitable growth.
Additionally, Fiverr has rolled out Fiverr Agencies, which helps agency teams build client bases and improve their visibility. This initiative supports businesses in accessing expert talent for advanced collaboration and enhanced productivity.
Fiverr's mission is to democratize access to talent, enabling both individuals and large enterprises to achieve their business goals. Their offerings span over 700 skills, ensuring flexibility and adaptability in today's dynamic work environment. For more insights and updates, visit fiverr.com, read their blog, and follow them on social media platforms.
Fiverr International Ltd (NYSE: FVRR) announced that CEO Micha Kaufman and CFO Ofer Katz will present at two major conferences: the J.P. Morgan Global Technology, Media and Communications Conference on May 25, 2021, at 11:00 am ET, and the Bank of America Global Technology Conference on June 9, 2021, at 10:00 am ET.
Investors can access a live webcast of the presentations on Fiverr's investor relations website, with archived replays available afterward.
Fiverr International Ltd. (NYSE: FVRR) reported a remarkable Q1 2021, achieving 100% year-over-year revenue growth of $68.3 million. Active buyers rose by 56% to 3.8 million, while spend per buyer increased by 22% to $216. The company improved its GAAP gross margin to 83.1%, up 310 basis points year-over-year. Despite a GAAP net loss of $17.8 million, the non-GAAP net loss narrowed significantly to $0.3 million. Fiverr upgraded its Q2 2021 guidance, predicting revenue between $73.0-$75.0 million, reflecting continued business momentum.
Fiverr International Ltd. (NYSE: FVRR) released its third Small Business Needs Index, revealing insights from millions of searches on its platform. Amid the pandemic, small businesses are turning to digital transformation, with significant increases in searches for services like Amazon virtual assistants (778%), Shopify store design (302%), and food delivery apps (117%). The report highlights a trend towards building digital storefronts and enhancing financial recovery strategies.
Fiverr International Ltd. (NYSE: FVRR) will release its first quarter 2021 financial results on May 6, 2021, prior to market opening. A conference call is scheduled for 8:30 a.m. ET on the same day to discuss the results. Investors can access the press release and a shareholder letter on the company's website. Fiverr connects businesses with freelancers in over 500 categories, serving 3.4 million customers across 160 countries. The company aims to revolutionize the future of work through its platform.
Fiverr International Ltd. (NYSE: FVRR) has launched its first new vertical in over nine years, focused on data-related services. This strategic move responds to the growing demand from small businesses, 67% of which invest over $10K annually in analytics. The data market is projected to expand from $169 billion in 2018 to $274 billion by 2022. Fiverr aims to empower smaller firms by providing access to skilled data professionals, thereby enhancing operational efficiency and decision-making capabilities.
Fiverr International Ltd. (NYSE: FVRR) has decided to withdraw its proposed underwritten public offering of ordinary shares due to current market conditions, deeming it not in the best interest of the company and its shareholders. This decision indicates a cautious approach to equity capital raising amidst fluctuating market dynamics. Fiverr continues to focus on connecting businesses with skilled freelancers, maintaining its position as a prominent player in the digital services sector.
Fiverr International Ltd. (NYSE: FVRR) has announced a public offering of $700 million in ordinary shares, with the option for underwriters to purchase an additional 15%. J.P. Morgan, Goldman Sachs, and Morgan Stanley are the lead managers for this offering. The final terms will be revealed in a subsequent prospectus. This offering is made possible under a shelf registration statement filed with the SEC. Fiverr connects businesses with freelancers in various digital services, with a broad customer base, enhancing its position in the competitive freelance market.
Fiverr International Ltd. (NYSE: FVRR) announced that CEO Micha Kaufman and CFO Ofer Katz will present at the JMP Securities Technology Conference on March 2, 2021, at 10:00 a.m. Eastern Time. The presentation will be broadcast live via a webcast, available on Fiverr's investor relations website. Fiverr, a leader in the gig economy, connects businesses with freelancers offering a wide range of digital services across 500 categories. In 2020, over 3.4 million customers engaged with freelancers on the platform, showcasing Fiverr's growth and influence in the future of work.
Fiverr International Ltd. (NYSE: FVRR) launched its first impact documentary film, “Out North,” focusing on North Nashville's community and its challenges, including the high incarceration rate among young Black men. The film highlights the work of Gideon's Army, a grassroots organization addressing the school-to-prison pipeline. “Out North” aims to raise awareness of institutional racism and gentrification, aligning with Fiverr’s mission to create opportunities for all. The project reflects Fiverr's commitment to social impact through storytelling.
FAQ
What is the current stock price of Fiverr International Ltd. (FVRR)?
What is the market cap of Fiverr International Ltd. (FVRR)?
What is Fiverr International Ltd.?
How does Fiverr's marketplace work?
What recent updates has Fiverr introduced?
How did Fiverr perform financially in 2023?
What is Fiverr Agencies?
What is Fiverr's mission?
How can I stay updated with Fiverr's latest news?
What types of services are available on Fiverr?
Where are Fiverr's offices located?
How does Fiverr support large enterprises?
