Shares of Fiverr International (NYSE:FVRR) fell 1.5% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share increased 87.50% year over year to ($0.01), which beat the estimate of ($0.12).
Revenue of $68,320,000 up by 100.06% year over year, which beat the estimate of $65,140,000.
Outlook
The upcoming fiscal year’s revenue expected to be between $302,000,000 and $308,000,000.
How To Listen To The Conference Call
Date: May 06, 2021
Time: 08:30 AM
Technicals
52-week high: $336.00
Company’s 52-week low was at $39.60
Price action over last quarter: down 43.28%
Company Overview
Fiverr International Ltd is involved in buying and selling digital services in the same fashion as physical goods on an e-commerce platform. It is set out to design a digital marketplace that is built with a comprehensive SKU-like services catalog and a search, finds, and order process that mirrors a typical e-commerce transaction. The service offerings of the company include Graphics and Design, Digital Marketing, Wiring and Translation, and Video and Animation among others.
