Upwork Inc.
Long

$UPWK to $23-25 range

48
- Revenue: Q4 2024 revenue reached $191.5 million, a 4% increase year-over-year. The full-year 2024 revenue was $769.3 million, up 12% from the previous year.

- Gross Margin: Maintained at 77.7% for Q4 and 77.4% for the full year.

- Adjusted EBITDA Margin: Achieved 26.2% in Q4 and 21.8% for the full year, reflecting improved operational efficiency.

- Net Income: Reported GAAP net income of $147.2 million for Q4, including a $140.3 million tax benefit.

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