News Releases

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November 19, 2024
Upwork to Present at UBS Global Technology and AI Conference
SAN FRANCISCO, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, today announced that CFO Erica Gessert will participate in a fireside chat at the UBS Global Technology and AI
November 6, 2024
Upwork Reports Third Quarter 2024 Financial Results
Achieves 10% year-over-year revenue growth, record GAAP net income of $27.8 million and adjusted EBITDA of $43.2 million Third-quarter GAAP diluted EPS of $0.20 Raises FY 2024 guidance for revenue and adjusted EBITDA Enters definitive agreement to acquire Objective to enhance core search and match
October 23, 2024
Upwork Announces Organizational Changes to Drive Continued Profitable Growth and Provides Preliminary Third Quarter 2024 Results Above Financial Guidance
Approximately $60 million in annual cost savings advances Upwork toward 5-year profitability target Company expects to exceed revenue and adjusted EBITDA guidance for third quarter 2024 results SAN FRANCISCO, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK) (“Upwork” or the “Company”),
October 16, 2024
Upwork Expands AI Innovation and Unveils New Solutions for Better Work Outcomes with Upwork Updates Fall 2024 Release
Uma, Upwork’s Mindful AI, powers new AI-enabled experiences and services accelerating business and freelancer collaboration and output SAN FRANCISCO, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Upwork (Nasdaq: UPWK), the world’s work marketplace that connects businesses with independent talent across the
October 15, 2024
Upwork to Report Third Quarter Financial Results on November 6, 2024
SAN FRANCISCO, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, today announced that it will report its financial results for the third quarter of 2024 on Wednesday, November 6,
October 9, 2024
Upwork Study Finds Companies That Integrate Distributed Work, Flexible Talent Strategies, and Advanced Technology Achieve Better Financial Outcomes
Data shows organizations refining operating models are driving innovation while seeing reduced expenses, positive cash flow, and stronger balance sheets SAN FRANCISCO, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s work marketplace that connects businesses with
September 13, 2024
Upwork Confirms Receipt and Comments on Shareholder Letter
SAN FRANCISCO, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent across the globe, today issued the following statement in response to a letter from Engine Capital to Upwork’s Board of Directors:
August 26, 2024
Upwork to Present at Goldman Sachs Communacopia + Technology Conference
SAN FRANCISCO, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, today announced that President and CEO Hayden Brown and CFO Erica Gessert will participate in a fireside chat at
August 7, 2024
Upwork Reports Second Quarter 2024 Financial Results
Second-quarter GAAP Net Income of $22.2 million, Upwork’s highest ever Second-quarter GAAP Diluted EPS of $0.17 Second-quarter Adjusted EBITDA of $40.8 million SAN FRANCISCO, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses
August 1, 2024
Beeline and Upwork Announce Strategic Partnership to Deliver Enhanced Hiring Efficiency and Centralized Workforce Management
Partnership provides a comprehensive end-to-end solution for companies looking to source, hire and collaborate with highly skilled independent professionals JACKSONVILLE, Fla. and SAN FRANCISCO, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Beeline , the leading technology solution provider for managing the
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