Upwork Surges 20% On Earnings Beat, CEO Calls 2020 'Watershed Year'

By Benzinga1 day ago

Upwork Inc (NASDAQ: UPWK) is surging after hours following the company's big fourth-quarter earnings beat.

Big Earnings Beat: Upwork reported quarterly earnings of 6 cents per share, which beat the analyst consensus estimate by 11 cents.

The company reported quarterly sales of $106.20 million, which beat the analyst consensus estimate of $97.34 million by 9.1%. This is a 32.27% increase over sales of $80.29 million in the same period last year.

The company also ...

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