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) has announced a partnership with Arsenal and England star Bukayo Saka. The collaboration aims to enhance opportunities for individuals from diverse backgrounds by promoting equality, inclusion, and diversity. The first phase includes video content featuring Saka discussing his ambitions and testimonials from UK business owners who have utilized Fiverr's services. The partnership seeks to inspire confidence in building dreams and establishing business ventures.
Fiverr International Ltd. (NYSE: FVRR) reported strong Q3 2022 results, with revenue of $82.5 million, an increase of 11% year-over-year. Adjusted EBITDA was $6.6 million, with a margin of 7.9%, reflecting a 250 bps expansion. The number of active buyers reached 4.2 million, growing 3% year-over-year. Despite a GAAP net loss of $11.4 million, the company continues to focus on financial discipline and operational efficiency. Looking ahead, the Q4 2022 revenue forecast ranges from $79.8 million to $85.8 million.
Fiverr International Ltd (NYSE: FVRR) announced that Micha Kaufman, CEO, and Ofer Katz, CFO, will present at the RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference.
Date: November 15, 2022
Time: 11:10 AM Eastern Time
A live webcast will be available on Fiverr's investor relations website. Following the presentation, an archived replay will also be accessible.
Fiverr’s mission is to democratize access to talent, connecting over 4 million customers globally with freelancers across 550 categories.
Fiverr International Ltd. (NYSE: FVRR) plans to release its third quarter financial results for the period ending September 30, 2022 on November 9, 2022, before market opens. A conference call is scheduled for 8:30 a.m. ET to discuss these results. A press release and a shareholder letter will be available on its investor relations website.
Fiverr International (NYSE: FVRR) has released its Fall 2022 Business Trends Index, highlighting a significant 92% surge in searches for Instagram-related services over the past six months. The index underscores businesses' growing focus on refining their online marketing strategies amid digital transformation. Key trends include increased interest in social media management, affiliate marketing, and mobile app development, with notable growth in services like Facebook video ads (+175%) and Teespring promotions (+163%).
Fiverr International Ltd. has partnered with Shutterstock, enabling easy access for freelancers to millions of commercially licensed images, videos, and music assets on Fiverr's platform. This integration aims to empower freelancers by providing essential resources for their digital services, enhancing the quality of their offerings. The collaboration assures businesses that the media used in their projects is properly licensed for commercial use. This move reflects Fiverr's commitment to supporting its freelance community, broadening their resources across various categories.
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