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Fiverr: 2Q Earnings Snapshot

August 8, 2019

TEL AVIV, Israel (AP) _ Fiverr International Lt. (FVRR) on Thursday reported a loss of $9.4 million in its second quarter.

On a per-share basis, the Tel Aviv, Israel-based company said it had a loss of 88 cents. Losses, adjusted for stock option expense and amortization costs, came to 19 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 46 cents per share.

The online marketplace for freelance services posted revenue of $25.9 million in the period.

For the current quarter ending in October, Fiverr said it expects revenue in the range of $25.5 billion to $26.5 billion.

The company expects full-year revenue in the range of $101.5 billion to $103.5 billion.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FVRR at https://www.zacks.com/ap/FVRR

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