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Upwork reports strong Q2 earnings, exceeding forecasts and outlining expansion plans.
Upwork reported strong second-quarter earnings, exceeding revenue and profit forecasts with $194.93 million in revenue and a net income of $32.7 million.
Active clients rose to 796,000, and the company's AI tool, Uma™, saw a 24% adoption increase.
Upwork also announced plans to acquire Bubty and Ascen to expand its services for large clients.
The company's stock price increased following the positive report.
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Upwork informa fuertes ganancias del segundo trimestre, superando las previsiones y esbozando planes de expansión.