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FVRR|EPS $0.62 vs $0.61 est (+1.6%)|Rev $105.5M vs $104.3M est (+1.2%)|Net Income $8.6MFiverr International Ltd. reported mixed first-quarter results that narrowly topped Wall Street expectations even as the freelance marketplace grappled with declining revenue. The company posted diluted non-GAAP net income of $0.62 per share, beating the $0.61 consensus estimate from 8 analysts by 1.6%. Revenue came in at $105.5M, edging past the $104.3M estimate by 1.2%, and net income reached $8.6M for the quarter.
The top line represented a 1.6% decrease from the $107.2M recorded in Q1 2025, reflecting ongoing headwinds in the gig economy platform space. The Marketplace segment, which remains the company’s primary revenue driver, generated $67.1M but saw a steeper 13.6% year-over-year decline. The platform had 2.9 million annual active buyers at quarter-end.
Management issued cautious guidance for the coming quarter, projecting revenue between $95.0M and $103.0M, suggesting continued pressure on the business. Wall Street analysts remain divided on the stock’s prospects, with consensus standing at 5 buy ratings, 9 hold ratings, and 0 sell recommendations. The conservative outlook comes as the company navigates a challenging environment for digital freelance platforms amid evolving market dynamics.
This content is for informational purposes only and should not be considered investment advice. AlphaStreet Intelligence analyzes financial data using AI to deliver fast and accurate market information. Human editors verify content.
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