AP NEWS

Fiverr: 3Q Earnings Snapshot

November 13, 2019 GMT

TEL AVIV, Israel (AP) _ Fiverr International Lt. (FVRR) on Wednesday reported a loss of $8.4 million in its third quarter.

On a per-share basis, the Tel Aviv, Israel-based company said it had a loss of 26 cents. Losses, adjusted for stock option expense and amortization costs, came to 12 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 21 cents per share.

The online marketplace for freelance services posted revenue of $27.9 million in the period.

For the current quarter ending in December, Fiverr said it expects revenue in the range of $28 million to $29 million.

The company expects full-year revenue in the range of $105.5 million to $106.5 million.

_____

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