Articles from Upwork Inc.

SAN FRANCISCO, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, today announced that CFO Erica Gessert will participate in a fireside chat at the UBS Global Technology and AI Conference in Scottsdale, AZ on Tuesday, December 3, 2024 at 10:35 a.m. PT/1:35 p.m. ET.

Achieves 10% year-over-year revenue growth, record GAAP net income of $27.8 million and adjusted EBITDA of $43.2 millionThird-quarter GAAP diluted EPS of $0.20Raises FY 2024 guidance for revenue and adjusted EBITDAEnters definitive agreement to acquire Objective to enhance core search and match offerings and strengthen AI talent benchAnnounces new $100 million share repurchase program authorization

Approximately $60 million in annual cost savings advances Upwork toward 5-year profitability target

Uma, Upwork’s Mindful AI, powers new AI-enabled experiences and services accelerating business and freelancer collaboration and output

SAN FRANCISCO, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, today announced that it will report its financial results for the third quarter of 2024 on Wednesday, November 6, 2024 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.

Data shows organizations refining operating models are driving innovation while seeing reduced expenses, positive cash flow, and stronger balance sheets

SAN FRANCISCO, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent across the globe, today issued the following statement in response to a letter from Engine Capital to Upwork’s Board of Directors:

SAN FRANCISCO, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, today announced that President and CEO Hayden Brown and CFO Erica Gessert will participate in a fireside chat at the Goldman Sachs Communacopia + Technology Conference in San Francisco, CA on Monday, September 9, 2024 at 8:50 a.m. PT/11:50 a.m. ET.

Second-quarter GAAP Net Income of $22.2 million, Upwork’s highest everSecond-quarter GAAP Diluted EPS of $0.17Second-quarter Adjusted EBITDA of $40.8 million

Partnership provides a comprehensive end-to-end solution for companies looking to source, hire and collaborate with highly skilled independent professionals

Data reveals 96% of C-suite leaders expect AI to boost worker productivity, but 77% of employees report AI has increased their workload

SAN FRANCISCO, July 16, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, today announced that it will report its financial results for the second quarter of 2024 on Wednesday, August 7, 2024 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.

Latest research reveals Gen Z’s dominance in freelancing, career expectations, and growing desire to learn emerging skills like AI

SAN FRANCISCO, May 09, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, today announced that CFO Erica Gessert will participate in a fireside chat at the Needham Technology, Media & Consumer Conference at The Westin Grand Central Hotel in New York City on Tuesday, May 14, 2024 at 9:45 a.m. PT/12:45 p.m. ET.

First-quarter GAAP Net Income of $18.4 million First-quarter GAAP Diluted EPS of $0.13 First-quarter Adjusted EBITDA of $33.3 million Raises revenue and Adjusted EBITDA outlook for 2024 Establishes five-year Adjusted EBITDA margin target of 35%

First-ever installment of Upwork Updates headlined by Uma, Upwork’s Mindful AI, helping customers work smarter

Upwork Partners program provides multiple ways for companies to better serve the needs of their customers by tapping highly skilled professionals on Upwork

SAN FRANCISCO, April 04, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, today announced that it will report its financial results for the first quarter of 2024 on Wednesday, May 1, 2024 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.

New report finds Data Science & Analytics is one of the fastest-growing work categories as generative AI modeling and machine learning produce strong demand from businesses

SAN FRANCISCO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, today announced that President & CEO Hayden Brown and CFO Erica Gessert will participate in a fireside chat at the JMP Technology Conference at The Ritz-Carlton in San Francisco, California on Monday, March 4, 2024 at 10:00 a.m. PT/1:00 p.m. ET.

Fourth-quarter GAAP Net Income of $17.4 millionFourth-quarter GAAP Diluted EPS of $0.13Fourth-quarter Adjusted EBITDA of $30.5 millionAcquired AI company Headroom and welcomed founder Andrew Rabinovich as Upwork’s head ofAI and machine learning

SAN FRANCISCO, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, today announced that it will report its financial results for the fourth quarter and full year of 2023 on Wednesday, February 14, 2024 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.

Freelancers now comprise 38% of the U.S. workforce as professionals of all ages seek flexible work models

Global award commends Upwork’s reliable, high-quality product offerings and recognizes the company’s dual-sided approach to delivering for companies and talent

Partnerships with leading VMS providers, integrations with human resources information systems (HRIS), applicant tracking systems (ATS), procurement, and recruitment platforms, alongside Enterprise Suite enhancements, advance Upwork’s best-in-class enterprise solutions