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Upwork’s Q3 2024 Financial Results: $193.8M Revenue, Record Net Income of $27.8M, and 22% Adjusted EBITDA Margin
Upwork reported strong financial performance in Q3 2024, achieving a 10% year-over-year revenue increase, with GAAP net income reaching a record $27.8 million and adjusted EBITDA at $43.2 million. The company raised its full-year guidance and expanded its AI offerings with enhancements to Uma™, Up
Nov 7, 2024
Shareholder Value
Fiverr Q3 2024: Revenue Hits $99.6 Million, Exceeds Expectations
Fiverr International Ltd. announced robust financial results for Q3 2024, highlighting a revenue increase to $99.6 million and a notable rise in adjusted EBITDA. The company outperformed expectations amidst a challenging macro environment, reflecting the success of its strategic initiatives such as
Oct 30, 2024
Shareholder Value
Fiverr Announces Second Quarter 2024 Results
Fiverr International Ltd. reported solid Q2 2024 financial results, showcasing resilience amid macroeconomic volatility. Key achievements include revenue exceeding guidance midpoints, strong Adjusted EBITDA, and robust free cash flow. Fiverr expanded its product portfolio with a new profession-based
Jul 31, 2024
Shareholder Value
Alight's $1.2 Billion Sale of Payroll and Professional Services Business to H.I.G. Capital: Introducing Strada
Alight, Inc. (NYSE: ALIT), a leading human capital technology and services provider, has completed the sale of its Professional Services and Payroll & HCM Outsourcing businesses to H.I.G. Capital for up to $1.2 billion. The newly independent business has been renamed Strada. Alight plans to use
Jul 12, 2024
Shareholder Value
Fiverr Announces $100M Buyback as Q1 Earnings Beat Expectations
Fiverr International Ltd. reported strong Q1 2024 results, with revenue reaching $93.5 million, a 6.3% increase year-over-year, driven by strategic expansion into complex services and SPB growth of 8%. Despite a challenging hiring environment, the company's disciplined approach and investments in AI
May 9, 2024
Shareholder Value
Docebo Reports First Quarter 2024 Results
Docebo Inc., a leading AI-based learning platform provider, reported strong financial performance for Q1 2024. The company highlighted significant growth in subscription revenue and profitability, with total revenue reaching $51.4 million, a 24% increase year-over-year. Notably, the Annual Recurring
May 9, 2024
Shareholder Value
Heidrick & Struggles Reports Strong Q1 2024 Earnings, with Strategic Acquisitions Boosting Growth
Heidrick & Struggles International, Inc. reported an 11% year-over-year increase in quarterly revenue, totaling $265.2 million for Q1 2024. The company also declared a quarterly cash dividend of $0.15 per share. Despite the acquisitions of Atreus Group GmbH and businessfourzero, the net income s
May 6, 2024
Shareholder Value
TriNet Announces First Quarter 2024 Results
TriNet Group, Inc. reported its Q1 2024 financial results, highlighting a modest revenue increase to $1.3 billion and a 4% growth in professional service revenues. Despite challenging economic conditions, the company achieved a net income of $91 million and adjusted net income of $111 million. The n
Apr 26, 2024
Shareholder Value
Alight Announces Agreement to Sell Payroll and Professional Services Business for up to $1.2 Billion
Alight, Inc. announced the sale of its Payroll & Professional Services business to an affiliate of H.I.G. Capital for up to $1.2 billion, aiming to transform into a more focused employee wellbeing and benefits platform. This strategic move is expected to enhance Alight's margin profile by nearly
Mar 20, 2024
Shareholder Value
Paychex, Inc. Reports Second Quarter and Mid-year Fiscal 2024 Results
Paychex, Inc.'s Fiscal 2024 mid-year report impresses with a 6% revenue increase to $1.2579B in Q2 and $2.5439B for 6 months. Operating income rose 7% to $506.2M in Q2, while diluted EPS soared 9% to $1.08. Growth driven by 4% rise in Management Solutions ($930.7M) and 8% in PEO/Insurance Solutions
Dec 21, 2023
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