U.S. Markets closed

Upwork: 1Q Earnings Snapshot

MOUNTAIN VIEW, Calif. (AP) _ Upwork Inc. (UPWK) on Wednesday reported a loss of $4.7 million in its first quarter.

On a per-share basis, the Mountain View, California-based company said it had a loss of 4 cents.

The online freelance marketplace operator posted revenue of $68.9 million in the period.

For the current quarter ending in July, Upwork said it expects revenue in the range of $72.5 million to $73.5 million.

The company expects full-year revenue in the range of $299 million to $304 million.

Upwork shares have climbed 13% since the beginning of the year.


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