TEL AVIV, Israel (AP) — TEL AVIV, Israel (AP) — Fiverr International Lt. (FVRR) on Wednesday reported profit of $798,000 in its first quarter.
The Tel Aviv, Israel-based company said it had profit of 2 cents per share. Earnings, adjusted for one-time gains and costs, were 64 cents per share.
The online marketplace for freelance services posted revenue of $107.2 million in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $105.5 million.
For the current quarter ending in June, Fiverr said it expects revenue in the range of $105 million to $109 million.
The company expects full-year revenue in the range of $425 million to $438 million.
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