Upwork reports Q4 adjusted EPS 4c, consensus (3c)

Reports Q4 revenue $161.4M, consensus $159.29M. "GSV in the fourth quarter of 2022 grew 5% year-over-year to once again exceed $1 billion… Active Clients, defined as those clients that had spend activity during the 12 months preceding the date of measurement, increased 6% year-over-year in the fourth quarter of 2022. We ended the fourth quarter with approximately 814,000 Active Clients, which was down 1% sequentially. We saw a continuation of the third quarter’s softer client acquisition and retention trends in the fourth quarter, which has an impact on our Active Clients metric," Upwork said.