Fiverr: 4Q Earnings Snapshot

TEL AVIV, Israel (AP) _ Fiverr International Lt. (FVRR) on Thursday reported a loss of $8.1 million in its fourth quarter.

On a per-share basis, the Tel Aviv, Israel-based company said it had a loss of 23 cents. Earnings, adjusted for stock option expense and amortization costs, came to 12 cents per share.

The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 12 cents per share.

The online marketplace for freelance services posted revenue of $55.9 million in the period.

For the year, the company reported that its loss narrowed to $14.8 million, or 46 cents per share. Revenue was reported as $189.5 million.

For the current quarter ending in April, Fiverr said it expects revenue in the range of $63 million to $65 million.

The company expects full-year revenue in the range of $277 million to $284 million.

Fiverr shares have risen 57% since the beginning of the year. The stock has increased tenfold in the last 12 months.

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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