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Fiverr (FVRR) Reports Q2 Earnings: What Key Metrics Have to Say
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For the quarter ended June 2023, Fiverr International (FVRR - Free Report) reported revenue of $89.39 million, up 5.2% over the same period last year. EPS came in at $0.49, compared to $0.12 in the year-ago quarter.
The reported revenue represents a surprise of +0.25% over the Zacks Consensus Estimate of $89.16 million. With the consensus EPS estimate being $0.41, the EPS surprise was +19.51%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Fiverr performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Take Rate: 30.7% versus the three-analyst average estimate of 30.6%.
Active buyers: 4.22 million compared to the 4.28 million average estimate based on three analysts.
Spend per buyer: $265 compared to the $268.59 average estimate based on three analysts.
Shares of Fiverr have returned +7.8% over the past month versus the Zacks S&P 500 composite's +1.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Fiverr (FVRR) Reports Q2 Earnings: What Key Metrics Have to Say
For the quarter ended June 2023, Fiverr International (FVRR - Free Report) reported revenue of $89.39 million, up 5.2% over the same period last year. EPS came in at $0.49, compared to $0.12 in the year-ago quarter.
The reported revenue represents a surprise of +0.25% over the Zacks Consensus Estimate of $89.16 million. With the consensus EPS estimate being $0.41, the EPS surprise was +19.51%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Fiverr performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Take Rate: 30.7% versus the three-analyst average estimate of 30.6%.
- Active buyers: 4.22 million compared to the 4.28 million average estimate based on three analysts.
- Spend per buyer: $265 compared to the $268.59 average estimate based on three analysts.
View all Key Company Metrics for Fiverr here>>>Shares of Fiverr have returned +7.8% over the past month versus the Zacks S&P 500 composite's +1.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.