Nov 9, 2018 06:03:25 AM by Pat M
Here's the link: https://www.fool.com/investing/2018/11/08/why-upwork-is-heading-down-today.aspx
Solved! Go to Solution.
Feb 9, 2019 05:44:13 AM by Monika S
I have been eyeing Upwork stocks, but still waiting until the company offers some options over a certain income on site or spendings. Best if a combo of the two 😍
I imagine investing as a kinda retirement saving
Nov 9, 2018 07:09:07 AM by Will L
If you’re interested, here are some details from Upwork’s just-filed 10-Q report to the SEC:
https://www.sec.gov/Archives/edgar/data/1627475/000156459018028629/upwk-10q_20180930.htm
The company reported a $7.3 million loss for the quarter, compared to a $301,000 loss in the same quarter of 2017.
Revenue was $64 million, up 23% from the same period in 2017, but big increases in spending on research and development, sales and marketing and other operating costs led to the large quarterly loss. Page 19 details stock-based compensation for the quarter of $2.0 million and “Other expenses, net” of $3.4 million (compared to only $260,000 in 2017).
On Page 15 there is an interesting breakdown of where Upwork’s freelancers and clients live.
On Page 24 there is information about Upwork’s losses to fraud, which increased 76% year-on-year to $1.9 million.
Feb 9, 2019 05:44:13 AM by Monika S
I have been eyeing Upwork stocks, but still waiting until the company offers some options over a certain income on site or spendings. Best if a combo of the two 😍
I imagine investing as a kinda retirement saving
Feb 9, 2019 10:55:07 AM by John K
Well, if MSFT is considering acquiring UPWK, this might be a deciding factor.
Feb 9, 2019 03:37:58 PM by Tonya P
Monika S wrote:I have been eyeing Upwork stocks, but still waiting until the company offers some options over a certain income on site or spendings. Best if a combo of the two 😍
I imagine investing as a kinda retirement saving
It is never a good idea to trust your income and your investments to the same endeavor, no matter how much you like it. If the company goes down, you lose everything. Diversify.
Feb 12, 2019 07:34:20 AM by Pat M
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