Upwork Inc.
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Achieves record revenue, GAAP net income1 and adjusted EBITDA2,3 for the fourth quarter and full year 2024
Fourth-quarter revenue of $191.5 million and GAAP net income1 of $147.2 million
Fourth-quarter adjusted EBITDA2,3 of $50.2 million or 26% adjusted EBITDA margin, Upwork’s highest ever
Full-year revenue of $769.3 million, GAAP net income1 of $215.6 million, and adjusted EBITDA2,3 of $167.6 million
SAN FRANCISCO, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, today announced that President and CEO Hayden Brown and CFO Erica Gessert will participate in a fireside chat at the 27th Annual Needham Growth Conference in New York, NY on Wednesday, January 15, 2025 at 8:45 a.m. PT/11:45 a.m. ET.
Approximately $60 million in annual cost savings advances Upwork toward 5-year profitability target
SAN FRANCISCO, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent across the globe, today issued the following statement in response to a letter from Engine Capital to Upwork’s Board of Directors:
SAN FRANCISCO, July 16, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, today announced that it will report its financial results for the second quarter of 2024 on Wednesday, August 7, 2024 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.
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