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Fiverr narrows FY22 revenue $334M-$340M from $332M-$340M, consensus $336.86M
The Fly

Fiverr narrows FY22 revenue $334M-$340M from $332M-$340M, consensus $336.86M

Sees FY22 adjusted EBITDA $22M-$23M. Ofer Katz, Fiverr’s president and CFO, added, "We delivered strong results in Q3, with improved efficiency across top-of-funnel and operationally. Our decision to realign our focus and cost structure earlier in the year put Fiverr’s Adjusted EBITDA on an accelerated growth trajectory. Our Adjusted EBITDA is indicative of the strong cash flow we generate, and together with a healthy balance sheet, we are in a strong financial position to navigate near term macroeconomic volatility and continue focusing on long-term value creation."

Published first on TheFly

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