Why Fiverr International Stock Popped on Thursday
Shares of Fiverr International (NYSE: FVRR) jumped 17% on Thursday after the online freelance services marketplace announced stronger-than-expected fourth-quarter 2019 results.
Fiverr's quarterly revenue increased 43% year over year to $29.5 million, translating to an adjusted (non-GAAP) net loss of $2.7 million, or $0.08 per share. Analysts, on average, were anticipating a wider net loss of $0.14 per share on revenue closer to $28.7 million.
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Source Fool.com
