TEL AVIV, Israel (AP) 鈥� TEL AVIV, Israel (AP) 鈥� 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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