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UPWK
Benzinga
10 hrs

Upwork Stock Rallies On Q3 Earnings Report: Details

1. Upwork's Q3 earnings beat estimates on revenue and EPS. 2. Quarterly revenue reached $201.73 million, exceeding $193.34 million expectations. 3. Active clients totaled 794,000, with GSV per client up 5%. 4. Fiscal 2025 EPS guidance raised to $1.35-$1.37, above previous estimates. 5. UPWK stock increased 16.64% to $18.20 in extended trading.

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FAQ

Why Very Bullish?

Upwork's strong earnings and raised guidance suggest robust growth, aligning with positive market reactions historically seen in similar scenarios.

How important is it?

The article provides critical financial metrics and guidance forecasts directly influencing investor sentiment and stock performance.

Why Short Term?

The immediate positive sentiment from earnings typically impacts stock prices in the days following a report.

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