Fiverr (FVRR) to Post Q1 Earnings: What’s in the Offing?

From Nasdaq: 2024-05-07 12:45:00

Fiverr International Ltd. (FVRR) is set to report first-quarter 2024 results on May 9. The company expects revenues of $91.5-$93.5 million, with a 4-6% year-over-year growth projection. Earnings are estimated at 52 cents per share, a 44.4% increase from the prior year. Their AI investments and value-added products are expected to drive top-line growth.

Fiverr’s marketing efforts and upmarket investments are expected to boost spend per buyer and take rate. The company’s solid momentum in its core marketplace and AI services vertical are likely to contribute to growth. Fiverr Enterprise and Pro platforms are expected to show positive results, despite macroeconomic uncertainties in the first quarter.

NVIDIA (NVDA), Docebo (DCBO), and Blink Charging (BLNK) are companies worth considering for upcoming earnings releases. NVIDIA is set to release first-quarter fiscal 2025 results on May 22, while Docebo and Blink Charging are set to report first-quarter 2024 results on May 9. These companies have favorable Earnings ESP and Zacks Rank combinations for potential earnings beats.



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