Cautious OutlookFY25 revenue is expected to be down, indicating a more cautious outlook for the year.
Client Growth DeclineUpwork's active clients declined by 23K in Q4, bringing total active clients to 832K, down 2% y/y and slightly below CGe at 835K.
Macroeconomic ChallengesOverall, the macroeconomic environment continues to weigh on results with gross services volume declining year over year.