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Fiverr: Q3 Earnings Snapshot

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TEL AVIV, Israel (AP) — TEL AVIV, Israel (AP) — Fiverr International Lt. (FVRR) on Wednesday reported net income of $5.5 million in its third quarter.

The Tel Aviv, Israel-based company said it had profit of 15 cents per share. Earnings, adjusted for one-time gains and costs, were 77 cents per share.

The online marketplace for freelance services posted revenue of $107.9 million in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $108 million.

For the current quarter ending in December, Fiverr said it expects revenue in the range of $104.3 million to $112.3 million.

The company expects full-year revenue in the range of $428 million to $436 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FVRR at https://www.zacks.com/ap/FVRR

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Moscow.media
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