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    UPWK   US91688F1049

UPWORK INC.

(UPWK)
  Report
Real-time Estimate Quote. Real-time Estimate Cboe BZX - 09/28 09:37:51 am
47.43 USD   -2.45%
09/14UPWORK : Wins Multiple 2021 Stevie Awards
PU
09/09UPWORK : Needham Starts Upwork at Buy With $57 Price Target
MT
09/08INSIDER SELL : Upwork
MT
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

UPWORK, INC : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K)

07/29/2021 | 04:21pm EDT

Item 2.02 Results of Operations and Financial Condition.


  On July 29, 2021, Upwork Inc., or the Company, issued a press release and will
hold a conference call regarding its financial results for the quarter ended
June 30, 2021. A copy of the press release is furnished as Exhibit 99.1 to this
report. The Company also issued a shareholder letter announcing its financial
results for the quarter ended June 30, 2021. The full text of the shareholder
letter is attached as Exhibit 99.2 to this report.

  The information furnished with this Item 2.02, including Exhibits 99.1 and
99.2, shall not be deemed "filed" for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended, or otherwise subject to the liabilities of
that section, nor shall it be deemed incorporated by reference into any other
filing under the Securities Act of 1933, as amended, except as expressly set
forth by specific reference in such a filing.

  The Company is making reference to non-GAAP financial information in both the
press release, shareholder letter, and the conference call. A reconciliation of
GAAP to non-GAAP results is provided in the attached Exhibit 99.1 press release
and Exhibit 99.2 shareholder letter.

  The Company uses its Investor Relations website (investors.upwork.com), its
Twitter handle (twitter.com/Upwork) and Hayden Brown's Twitter handle
(twitter.com/hydnbrwn), and LinkedIn profile (linkedin.com/in/haydenlbrown) as a
means of disseminating or providing notification of, among other things, news or
announcements regarding its business or financial performance, investor events,
press releases and earnings releases and as a means of disclosing material
non-public information and for complying with its disclosure obligations under
Regulation FD.


Item 9.01 Financial Statements and Exhibits.

  (d) Exhibits.
Exhibit Number             Description
99.1                         Press Release dated July 29, 2021
99.2                         Shareholder Letter dated July 29, 2021
104                        Cover Page Interactive Data File (embedded

within the Inline XBRL document)

© Edgar Online, source Glimpses

All news about UPWORK INC.
09/14UPWORK : Wins Multiple 2021 Stevie Awards
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09/09UPWORK : Needham Starts Upwork at Buy With $57 Price Target
MT
09/08INSIDER SELL : Upwork
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09/02UPWORK : and Budweiser Unveil Limited Edition Labor Day Cans
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09/02UPWORK : and Budweiser Unveil Limited-Edition Labor Day Cans
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08/19Upwork to Present Upcoming Investor Conferences
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08/16UPWORK : Appoints Saty Bahadur as Chief Technology Officer
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08/16Upwork Appoints Saty Bahadur as Chief Technology Officer
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08/10UPWORK : Announces Closing of $575.0 Million of 0.25% Convertible Senior Notes Due 2026, I..
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08/10UPWORK, INC : Entry into a Material Definitive Agreement, Other Events (form 8-K)
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More news
Analyst Recommendations on UPWORK INC.
More recommendations
Financials (USD)
Sales 2021 494 M - -
Net income 2021 -49,4 M - -
Net Debt 2021 - - -
P/E ratio 2021 -127x
Yield 2021 -
Capitalization 6 205 M 6 205 M -
Capi. / Sales 2021 12,6x
Capi. / Sales 2022 10,1x
Nbr of Employees 540
Free-Float 90,1%
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Technical analysis trends UPWORK INC.
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TrendsBullishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 7
Last Close Price 48,62 $
Average target price 66,71 $
Spread / Average Target 37,2%
EPS Revisions
Managers and Directors
Hayden Brown President, Chief Executive Officer & Director
Jeff Michael McCombs Chief Financial Officer
Thomas H. Layton Executive Chairman
Matt McDonald Senior Vice President-Engineering
Saty Bahadur Chief Technology Officer
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