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Fiverr: Q1 Earnings Snapshot

TEL AVIV, Israel (AP) — TEL AVIV, Israel (AP) — Fiverr International Lt. (FVRR) on Wednesday reported net income of $8.6 million in its first quarter.

On a per-share basis, the Tel Aviv, Israel-based company said it had net income of 23 cents. Earnings, adjusted for stock option expense and non-recurring costs, were 62 cents per share.

The online marketplace for freelance services posted revenue of $105.5 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $104.4 million.

For the current quarter ending in June, Fiverr said it expects revenue in the range of $95 million to $103 million.

The company expects full-year revenue in the range of $380 million to $420 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FVRR at https://www.zacks.com/ap/FVRR

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