SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Upwork Inc. (UPWK) on Wednesday reported a loss of $4 million in its second quarter.
The San Francisco-based company said it had a loss of 3 cents per share. Earnings, adjusted for one-time gains and costs, came to 10 cents per share.
The online freelance marketplace operator posted revenue of $168.6 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $162.7 million.
For the current quarter ending in September, Upwork expects its per-share earnings to range from 9 cents to 11 cents.
The company said it expects revenue in the range of $165 million to $170 million for the fiscal third quarter.
Upwork expects full-year earnings in the range of 36 cents to 39 cents per share, with revenue ranging from $665 million to $675 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UPWK at https://www.zacks.com/ap/UPWK
/AI%20(artificial%20intelligence)/3D%20Graphics%20Concept%20Big%20Data%20Center%20by%20Gorodenkoff%20via%20Shutterstock.jpg)
/Netflix%20on%20tv%20with%20remote%20by%20freestocks%20via%20Unsplash.jpg)
/Apple%20Inc%20logo%20on%20Apple%20store-by%20PhillDanze%20via%20iStock.jpg)