TEL AVIV, Israel (AP) — TEL AVIV, Israel (AP) — Fiverr International Lt. (FVRR) on Wednesday reported a loss of $1.3 million in its fourth quarter.
Fiverr: Q4 Earnings Snapshot
The Tel Aviv, Israel-based company said it had a loss of 3 cents per share. Earnings, adjusted for one-time gains and costs, were 26 cents per share.
Fiverr: Q4 Earnings Snapshot
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share.
The online marketplace for freelance services posted revenue of $83.1 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $83 million.
For the year, the company reported that its loss widened to $71.5 million, or $1.94 per share. Revenue was reported as $337.4 million.
For the current quarter ending in March, Fiverr said it expects revenue in the range of $86.5 million to $88.5 million.
The company expects full-year revenue in the range of $350 million to $365 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access Zacks stock report on FVRR at https://www.zacks.com/ap/FVRR