Upwork Analysts Raise Their Forecasts Following Strong Q4 Results

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Upwork, Inc. (NASDAQ: UPWK) reported upbeat fourth-quarter financial results after the bell Wednesday.

Upwork reported quarterly earnings of 20 cents per share, which beat the analyst consensus estimate of 17 cents. The company reported quarterly sales of $183.9 million, beating the analyst consensus estimate of $178.16 million, according to data from Benzinga Pro.

“Last year proved Upwork’s continued growth momentum and strong profitability. Our business is flexible and resilient, as the skilled talent on Upwork are a critical resource to businesses small and large,” said Hayden Brown, CEO of Upwork. “Fueled by our continued investments in human-centered AI and innovation, growing advertising and subscription products, our …

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