PALO ALTO, Calif. (AP) — PALO ALTO, Calif. (AP) — Upwork Inc. (UPWK) on Monday reported net income of $37.7 million in its first quarter.
The Palo Alto, California-based company said it had net income of 27 cents per share. Earnings, adjusted for one-time gains and costs, were 34 cents per share.
The online freelance marketplace operator posted revenue of $192.7 million in the period.
For the current quarter ending in June, Upwork expects its per-share earnings to range from 26 cents to 28 cents.
The company said it expects revenue in the range of $184 million to $189 million for the fiscal second quarter.
Upwork expects full-year earnings in the range of $1.14 to $1.18 per share, with revenue ranging from $740 million to $760 million.
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