Upwork Q4 Adjusted Earnings, Revenue Rise; Q1, 2025 Outlook Set -- Shares Up After Hours

MT Newswires Live
13 Feb

Upwork (UPWK) reported Q4 adjusted earnings late Wednesday of $0.30 per diluted share, up from $0.20 a year earlier.

Analysts polled by FactSet expected $0.25.

Total revenue for the quarter ended Dec. 31 was $191.5 million, up from $183.9 million a year earlier.

Analysts surveyed by FactSet expected $180.4 million.

For Q1, the company expects adjusted EPS to be in the range of $0.24 to $0.26 and revenue to come in between $186 million and $191 million. Analysts polled by FactSet expect normalized EPS of $0.26 on revenue of $182 million.

For 2025, Upwork anticipates adjusted EPS of $1.05 to $1.10 and revenue of $740 million to $760 million. Analysts surveyed by FactSet expect normalized EPS of $1.19 and revenue of $753 million.

Shares of Upwork advanced 5% in after-hours activity.

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