Fiverr International Ltd reports results for the quarter ended September 30 - Earnings Summary

• Fiverr International Ltd FVRR.N reported quarterly adjusted earnings of 77 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 64 cents. The mean expectation of eleven analysts for the quarter was for earnings of 69 cents per share. Wall Street expected results to range from 60 cents to 79 cents per share.

• Revenue rose 8.3% to $107.90 million from a year ago; analysts expected $107.90 million.

• Fiverr International Ltd's reported EPS for the quarter was 15 cents​.

• The company reported quarterly net income of $5.54 million.

• Fiverr International Ltd shares had fallen by 11.4% this quarter and lost 31.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.3% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the online services peer group is also "buy"

• Wall Street's median 12-month price target for Fiverr International Ltd is $32.00, about 32.4% above its last closing price of $21.63

This summary was machine generated from LSEG data November 5 at 03:58 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)