Fiverr International Ltd Stock Price, News & Analysis

Fiverr (NYSE: FVRR) has partnered with Wix (Nasdaq: WIX) to create a program aimed at training people with disabilities to build accessible websites. Participants will receive training from Wix and learn how to market their services as web accessibility builders on the Fiverr platform. This initiative seeks to empower the disabled community, enabling them to monetize their skills. The program starts virtually in the U.S., with plans to expand globally. Both companies emphasize inclusivity and equal opportunities through this collaboration.

Fiverr International Ltd. (NYSE: FVRR) will announce its Q2 2021 financial results on August 5, 2021, before market open. Management will host a conference call at 8:30 a.m. EDT to discuss the results. A press release and shareholder letter will be available on their website. In the 12 months ending March 31, 2021, Fiverr served 3.8 million customers globally. The conference will be accessible via phone and webcast, with replay options available until August 12, 2021.

Fiverr International Ltd. (NYSE: FVRR) released data showing that 45% of surveyed businesses are utilizing more freelancers since the pandemic. Key findings reveal that larger businesses (100-249 employees) are increasingly investing in freelance talent, especially in digital marketing (47%) and website development (45%). Additionally, 65% of these businesses reported increased spending on freelancers post-COVID. The survey indicates a shift toward greater reliance on freelancers for flexibility and productivity, with 55% seeking more government support in future crises.

Fiverr (NYSE: FVRR) has reached a significant milestone, with freelancers earning over $2 billion through its platform. This achievement underscores a rapid growth, with half of this amount accrued in just over a year since it previously reported $1 billion in earnings in February 2020. Key high-earning categories include E-Commerce Development, Illustration, Architecture & Interior Design, Voice Over, and Graphics for Streamers, with some services priced over $6,000. The surge in freelancer engagement reflects the growing reliance on freelance talent as businesses adapt to remote work and changing customer needs.

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.