This is a short-term hit to Fiverr, and it makes sense the stock is down big given the fact the company has a market cap of $6.3 billion and expects revenue of just $280 million to $288 million this year. That's a lofty price-to-sales ratio of 22 times at the midpoint of revenue guidance, which is a concern if revenue growth has stalled out.
Full Answer
What is the price of Fiverr stock now?
23 hours ago · Fiverr reported first-quarter non-GAAP earnings of $0.11 per share, which was far better than the loss of $0.01 per share it booked in the …
Is Fiverr's growth story over?
Feb 18, 2022 · Shares of freelancing platform Fiverr (NYSE: FVRR) finished the day down 9.8% after reporting a strong finish to 2021 but issuing preliminary guidance for 2022 that disappointed some investors ...
Is Fiverr being impacted by high-profile tech companies reporting earnings?
May 11, 2022 · The stock market has been falling steadily for weeks, and Wednesday morning didn't bring immediate relief. News that the U.S. consumer price index (CPI) rose …
What is Fiverr international's net margin and return on equity?
Feb 18, 2022 · The question now is whether you're willing to pay up for this growth story. Even after the severe punishment doled out to Fiverr, shares trade for 9 times trailing 12-month sales and almost 80 ...
Why Fiverr stock is going down?
Is Fiverr a buy or sell?
What happens to Fiverr stock?
Is Fiverr stock a good investment?
The company achieved the strong results through increasing both active buyers and spend per buyer. Investors might be surprised to see the high take which has been growing over the past few quarters and stood at 29.2% as of the latest quarter.Mar 22, 2022
Who owns Fiverr stock?
Will Fiverr stock recover?
Is Fiverr undervalued?
Is Fiverr good for long term?
Why is Upwork stock down?
What does FVRR company do?
Will fiverr go up?
Even with lockdowns behind us, buyers on Fiverr have increased to 4.1 million today, which is higher than the 3.4 million buyers it had in 2020. Additionally, employers are finding Fiverr more important than ever before: They are spending an average of $234 on it today compared to $203 in 2020.Dec 28, 2021
Is fiverr profitable?
What happened
Shares of freelancing platform Fiverr (NYSE: FVRR) finished the day down 9.8% after reporting a strong finish to 2021 but issuing preliminary guidance for 2022 that disappointed some investors. Few have wanted to touch this stock after it exploded higher in 2020. Shares are now down nearly 80% from their all-time high reached early in 2021.
So what
Fiverr actually put up great numbers in the fourth quarter of 2021, posting full-year sales growth of 57%. It was also free cash flow positive when excluding the acquisition of fellow freelance work company Stoke Talent. Free cash flow was $36.3 million, up 142% from 2020 and good for a free cash flow profit margin of 12%.
Now what
Dismal stock-price performance aside, it's becoming increasingly clear that remote work has permanently altered the global workforce. Fiverr is capitalizing on the trend and enabling connections between millions of workers and businesses that need more flexibility in hiring. Slowdown or not, Fiverr's growth story remains intact.
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What happened
Shares of freelancing platform Fiverr (NYSE: FVRR) finished the day down 9.8% after reporting a strong finish to 2021 but issuing preliminary guidance for 2022 that disappointed some investors. Few have wanted to touch this stock after it exploded higher in 2020. Shares are now down nearly 80% from their all-time high reached early in 2021.
So what
Fiverr actually put up great numbers in the fourth quarter of 2021, posting full-year sales growth of 57%. It was also free cash flow positive when excluding the acquisition of fellow freelance work company Stoke Talent. Free cash flow was $36.3 million, up 142% from 2020 and good for a free cash flow profit margin of 12%.
Now what
Dismal stock-price performance aside, it's becoming increasingly clear that remote work has permanently altered the global workforce. Fiverr is capitalizing on the trend and enabling connections between millions of workers and businesses that need more flexibility in hiring. Slowdown or not, Fiverr's growth story remains intact.
What happened
Fiverr International (NYSE: FVRR) stock is sinking again today. The gig-economy specialist's share price was down roughly 10.3% in the daily session as of 2:15 p.m. ET Wednesday. Meanwhile, the Nasdaq Composite index was down roughly 0.9%.
So what
Many growth-dependent tech stocks are seeing significant sell-offs in Wednesday's trading, but Shopify's Q4 report, guidance, and post-earnings pullback are likely the biggest catalysts in the sell-off for Fiverr stock.
Now what
Fiverr International has seen dramatic sell-offs over the last year as sales growth has slowed and investors have moved out of stocks with highly forward-looking valuations. The stock trades down roughly 75.5% from the high that it hit last February.
The Motley Fool
Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community.
The second quarter was great, but guidance left a lot to be desired for investors
Travis Hoium has been writing for fool.com since July 2010 and covers the solar industry, renewable energy, and gaming stocks among other things. Follow @TravisHoium
What happened
Shares of online marketplace for freelancers Fiverr ( NYSE:FVRR) dropped as much as 24.8% in trading on Thursday after reporting second-quarter 2021 financial results. Shares are down 23.2% at 1:45 p.m. EDT.
So what
Results for the quarter were downright outstanding. Revenue jumped 60% compared to a year ago to $75.3 million, gross margin was an incredible 83.4%, and non-generally accepted accounting principles (GAAP) net income was $7.9 million, or $0.19 per share. Analysts were expecting revenue of $74.8 million and earnings of $0.14 per share.
Now what
This is a short-term hit to Fiverr, and it makes sense the stock is down big given the fact the company has a market cap of $6.3 billion and expects revenue of just $280 million to $288 million this year. That's a lofty price-to-sales ratio of 22 times at the midpoint of revenue guidance, which is a concern if revenue growth has stalled out.
How much does Fiverr make?
Fiverr International has a market capitalization of $8.63 billion and generates $189.51 million in revenue each year. The company earns $-14,810,000.00 in net income (profit) each year or ($0.17) on an earnings per share basis.
When is Fiverr earnings call?
Fiverr International will be holding an earnings conference call on Thursday, August 5th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "10157464".
What is Fiverr International?
Fiverr International Ltd. develops an e-commerce platform that allows the people to buy and sell digital services. It operates through the following geographical segments: U.S., Europe, Asia Pacific, Rest of the World, and Israel. The firm offers digital marketing, graphics and design, video and animation, writing and translation, and music and audio. The company was founded by Micha Kaufman and Shai Wininger in 2009 and is headquartered in Tel Aviv, Israel.
What is the FVRR symbol?
Fiverr International trades on the New York Stock Exchange (NYSE) under the ticker symbol "FVRR."
What is Fiverr's 2021 earnings?
Fiverr International issued an update on its FY 2021 earnings guidance on Thursday, May, 27th. The company provided EPS guidance of - for the period. The company issued revenue guidance of $302 million-$308 million, compared to the consensus revenue estimate of $288.70 million.
What is the P/E ratio of Fiverr?
The P/E ratio of Fiverr International is -99.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Where is Fiverr located?
Fiverr International's mailing address is 8 ELIEZER KAPLAN STREET, TEL AVIV L3, 6473409. The company can be reached via phone at 972722280910 or via email at [email protected].