Why Upwork Stock Popped Today
Upwork(UPWK) The Motley Fool·2024-11-08 02:52
The online employment marketplace posted solid third-quarter results.Shares of Upwork (UPWK 12.45%) were moving higher today after the online employment marketplace posted better-than-expected results in its third-quarter earnings report.As of 12:43 p.m. ET, the stock was up 13%. Upwork impresses in Q3Revenue in the third quarter rose 10% to $193.8 million, which easily beat the consensus at $185.9 million.Active clients rose 2% to 855,000, and the company drove growth with new artificial intelligence (AI) ...