Page 5 - Ofer Katz News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The record revenue marks a 27% increase in year-over-year Q1 revenues, even as the global economy teeters on the brink of recession.

Israel-based Fiverr International Ltd. (NYSE: FVRR) reported first-quarter revenue rose 27% to USD 86.7 million, compared to USD 68.3 million the year prior. The USD 86.7 million was a record for the group.

Fourth-quarter results beat expectations -- and guidance looks good, too.

Fiverr revenue doubles in Q1 The Israeli freelance platform developer is raising guidance for 2021 from 46-50% to 59-63% revenue growth. Israeli freelance platform developer Fiverr International (NYSE: FVRR) has reported revenue of $68.3 million in the first quarter of 2021, up 100% from the corresponding quarter of 2020. GAAP net loss in the first quarter of 2021 was $17.8 million ($0.49 per share) compared with $6.2 million ($0.19 per share) in the first quarter of 2020. Non-GAAP net loss was $300,000 ($0.01 per share) in the first quarter of 2021, compared with $2.6 million ($0.08 per shar...

Key Performance Metrics and Non-GAAP Financial Measures This release includes certain key performance metrics and financial measures not based on GAAP, including Adjusted EBITDA, Adjusted EBITDA margin, Non-GAAP gross profit, Non-GAAP gross margin, Non-GAAP operating expenses, Non-GAAP net income (loss) and Non-GAAP net income (loss) per share as well as operating metrics, including GMV, spend per buyer, active buyers and take rate. Some amounts in this release may not total due to rounding. All percentages have been calculated using unrounded amounts. We define GMV or Gross Merchandise Value...