Upwork Inc is a leading online platform that connects freelancers with businesses seeking skilled professionals for various projects. It provides a marketplace where companies can post job opportunities and freelancers can showcase their expertise across numerous fields, including writing, design, programming, marketing, and more. The platform facilitates seamless collaboration, allowing clients to manage their projects, communicate with freelancers in real-time, and make payments securely. By bridging the gap between talent and opportunity, Upwork empowers individuals to work remotely while helping businesses access a diverse pool of skilled workers from around the world. Read More
A number of stocks jumped in the afternoon session after markets continued to rally as the latest inflation data reinforced expectations for a Federal Reserve rate cut as soon as September. The latest Consumer Price Index (CPI) report for July showed inflation holding steady, reinforcing market expectations that the Federal Reserve could begin cutting interest rates as soon as September. Lower interest rates generally stimulate the economy by making borrowing cheaper for consumers and businesses. This can lead to increased consumer spending and e-commerce activity, which directly benefits online retail and marketplace companies. The positive economic outlook fueled a broad-based rally, pushing the S&P 500 and Nasdaq to new record highs and lifting most growth-oriented technology stocks.
Redfin veteran joins as company’s first COO, Andrew Rabinovich elevated to chief technology officer, and Jacob McQuown becomes chief legal officer, bolstering executive leadership team
Online work marketplace Upwork (NASDAQ:UPWK) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, but sales were flat year on year at $194.9 million. Guidance for next quarter’s revenue was optimistic at $192.5 million at the midpoint, 2.7% above analysts’ estimates. Its non-GAAP profit of $0.35 per share was 27.1% above analysts’ consensus estimates.
Value stocks typically trade at discounts to the broader market, offering patient investors the opportunity to buy businesses when they’re out of favor.
The key risk, however, is that these stocks are usually cheap for a reason – five cents for a piece of fruit may seem like a great deal until you find out it’s rotten.
Achieves record second quarter with revenue of $194.9 millionGenerates GAAP net income of $32.7 million and adjusted EBITDA of $57.1 million, resulting in 17% profit margin and 29% adjusted EBITDA marginRaises FY2025 revenue and adjusted EBITDA guidanceAcquires Bubty and agrees to acquire Ascen to serve large clients with full range of contingent workforce and staffing solutions, positioning Upwork to capitalize on $650 billion Enterprise TAM opportunity(1)
Online work marketplace Upwork (NASDAQ:UPWK) reported Q2 CY2025 results exceeding the market’s revenue expectations, but sales were flat year on year at $194.9 million. Guidance for next quarter’s revenue was optimistic at $192.5 million at the midpoint, 2.7% above analysts’ estimates. Its non-GAAP profit of $0.35 per share was 27.1% above analysts’ consensus estimates.
Let's have a look at what is happening on the US markets after the closing bell on Wednesday. Below you can find the top gainers and losers in today's after hours session.
Achieves record second quarter with revenue of $194.9 millionGenerates GAAP net income of $32.7 million and adjusted EBITDA of $57.1 million, resulting in 17% profit margin and 29% adjusted EBITDA marginRaises FY2025 revenue and adjusted EBITDA guidanceAcquires Bubty and agrees to acquire Ascen to serve large clients with full range of contingent workforce and staffing solutions, positioning Upwork to capitalize on $650 billion Enterprise TAM opportunity(1)
A cash-heavy balance sheet is often a sign of strength, but not always.
Some companies avoid debt because they have weak business models, limited expansion opportunities, or inconsistent cash flow.
Shareholders of Upwork would probably like to forget the past six months even happened. The stock dropped 21.1% and now trades at $12.65. This might have investors contemplating their next move.
Upwork Updates Summer 2025 release unveils 75+ new innovations built to drive better work outcomes and create opportunity for businesses and freelancers in the age of AI
Shares of online work marketplace Upwork (NASDAQ:UPWK)
jumped 3.3% in the afternoon session after Jefferies initiated coverage of the company with a "Buy" rating, and a new filing revealed a significant purchase by an institutional investor.
PALO ALTO, Calif., July 15, 2025 (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 2025 on Wednesday, August 6, 2025 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.
A number of stocks fell in the afternoon session after the Trump administration announced intentions to impose a 35% tariff on many goods imported from Canada.
As AI drives productivity gains, new data from Upwork reveals early warning signs from top AI adopters, highlighting the need for new ways of working that sustain both performance and well-being
By breaking down physical barriers, consumer internet businesses are reshaping how people shop, connect, learn, and play. The new habits they’re cultivating are also unlocking the next leg of growth for the industry,
which has gained 7.7% over the past six months, almost identical to the S&P 500.
While strong cash flow is a key indicator of stability, it doesn’t always translate to superior returns.
Some cash-heavy businesses struggle with inefficient spending, slowing demand, or weak competitive positioning.
Council brings together leading academics from MIT, Stanford and Georgetown to advise on AI-human workforce design, identify labor market shifts, and guide Upwork’s AI-powered evolution
