Upwork (NASDAQ:UPWK) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Upwork beat estimated earnings by 50.0%, reporting an EPS of $-0.04 versus an estimate of $-0.08.
Revenue was up $32.72 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1 which was followed by a 12.13% increase in the share price the next day.
Here’s a look at Upwork’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.13 | -0.05 | 0.01 | -0.09 |
| EPS Actual | -0.03 | -0.05 | 0.04 | 0.03 |
| Revenue Estimate | 136.47M | 131.77M | 126.60M | 120.24M |
| Revenue Actual | 141.34M | 136.86M | 128.14M | 124.18M |
To track all earnings releases for Upwork visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
