A Sneak Peek At Fiverr International Ltd. ($FVRR) 3Q20 Earnings

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Fiverr International Ltd. (NYSE:FVRR) is set to announce third quarter earning results on Wednesday 28th October 2020, before market open.

Analysts surveyed by Thomson Reuters are predicting, FVRR to report 3Q20 income of $ 0.08 per share.

For the full year, analysts anticipate top line of $ 179.93 million, while looking forward to income of $ 0.23 per share bottom line.

The Company Outlook

Revenue for 3Q20 are expected in a range of $ 48.00 million ~ $ 49.00 million

Full Year 2020 topline are forecasted in a range of$ 177.50 million ~ $ 179.50 million

Click Here For More Historical Outlooks Of Fiverr International Ltd.

Previous Quarter Performance

Fiverr International Ltd. unwinded income for the second quarter of $ 0.10 per share, from the revenue of $ 47.13 million. The quarterly revenues developed 81.90 percent compared with the same quarter last year. Wall street analysts are predicting, FVRR to report 2Q20 loss of $ 0.06 per share from revenue of $ 36.54 million. The bottom line results beat street analysts by $ 0.16 or 266.67 percent, at the same time, top line results outshined analysts by $ 10.59 million or 28.98 percent.

Stock Performance

Shares of Fiverr International Ltd. traded low $ -9.25 or -5.96 percent on Tuesday, reaching $ 146.00 with volume of 1.11 million shares. Fiverr International Ltd. has traded high as $ 159.46 and has cracked $ 146.00 on the downward trend

According to the previous trading day, closing price of $ 146.00, representing a 703.57 % increase from the 52 week low of $ 19.32 and a 16.08 % decrease over the 52 week high of $ 184.99.

The company has a market capital of $ 5.13 billion and is part of the Industrials sector and Business Services industry.

Conference Call

Fiverr International Ltd. will be hosting a conference call at 8:30 AM eastern time on 28th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.fiverr.com

Fiverr International Ltd. operates an online marketplace worldwide. Its platform enables sellers to sell their services and buyers to buy them.