Articles from Upwork Inc.

PALO ALTO, Calif., Jan. 22, 2025 (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 fourth quarter and full year of 2024 on Wednesday, February 12, 2025 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.

New data highlights surging demand for AI specializations and human-centric skills amid rapid technological change

SAN FRANCISCO, Jan. 02, 2025 (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 the 27th Annual Needham Growth Conference in New York, NY on Wednesday, January 15, 2025 at 8:45 a.m. PT/11:45 a.m. ET.

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 Conference in Scottsdale, AZ on Tuesday, December 3, 2024 at 10:35 a.m. PT/1:35 p.m. ET.

Achieves 10% year-over-year revenue growth, record GAAP net income of $27.8 million and adjusted EBITDA of $43.2 millionThird-quarter GAAP diluted EPS of $0.20Raises FY 2024 guidance for revenue and adjusted EBITDAEnters definitive agreement to acquire Objective to enhance core search and match offerings and strengthen AI talent benchAnnounces new $100 million share repurchase program authorization

Approximately $60 million in annual cost savings advances Upwork toward 5-year profitability target

Uma, Upwork’s Mindful AI, powers new AI-enabled experiences and services accelerating business and freelancer collaboration and output

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, 2024 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.

Data shows organizations refining operating models are driving innovation while seeing reduced expenses, positive cash flow, and stronger balance sheets

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:

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 the Goldman Sachs Communacopia + Technology Conference in San Francisco, CA on Monday, September 9, 2024 at 8:50 a.m. PT/11:50 a.m. ET.

Second-quarter GAAP Net Income of $22.2 million, Upwork’s highest everSecond-quarter GAAP Diluted EPS of $0.17Second-quarter Adjusted EBITDA of $40.8 million

Partnership provides a comprehensive end-to-end solution for companies looking to source, hire and collaborate with highly skilled independent professionals

Data reveals 96% of C-suite leaders expect AI to boost worker productivity, but 77% of employees report AI has increased their workload

SAN FRANCISCO, July 16, 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 second quarter of 2024 on Wednesday, August 7, 2024 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.

Latest research reveals Gen Z’s dominance in freelancing, career expectations, and growing desire to learn emerging skills like AI

SAN FRANCISCO, May 09, 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 Needham Technology, Media & Consumer Conference at The Westin Grand Central Hotel in New York City on Tuesday, May 14, 2024 at 9:45 a.m. PT/12:45 p.m. ET.

First-quarter GAAP Net Income of $18.4 million First-quarter GAAP Diluted EPS of $0.13 First-quarter Adjusted EBITDA of $33.3 million Raises revenue and Adjusted EBITDA outlook for 2024 Establishes five-year Adjusted EBITDA margin target of 35%

First-ever installment of Upwork Updates headlined by Uma, Upwork’s Mindful AI, helping customers work smarter

Upwork Partners program provides multiple ways for companies to better serve the needs of their customers by tapping highly skilled professionals on Upwork

SAN FRANCISCO, April 04, 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 first quarter of 2024 on Wednesday, May 1, 2024 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.

New report finds Data Science & Analytics is one of the fastest-growing work categories as generative AI modeling and machine learning produce strong demand from businesses

SAN FRANCISCO, Feb. 20, 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 & CEO Hayden Brown and CFO Erica Gessert will participate in a fireside chat at the JMP Technology Conference at The Ritz-Carlton in San Francisco, California on Monday, March 4, 2024 at 10:00 a.m. PT/1:00 p.m. ET.

Fourth-quarter GAAP Net Income of $17.4 millionFourth-quarter GAAP Diluted EPS of $0.13Fourth-quarter Adjusted EBITDA of $30.5 millionAcquired AI company Headroom and welcomed founder Andrew Rabinovich as Upwork’s head ofAI and machine learning

SAN FRANCISCO, Jan. 17, 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 fourth quarter and full year of 2023 on Wednesday, February 14, 2024 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.

Freelancers now comprise 38% of the U.S. workforce as professionals of all ages seek flexible work models

Global award commends Upwork’s reliable, high-quality product offerings and recognizes the company’s dual-sided approach to delivering for companies and talent

SAN FRANCISCO, Nov. 14, 2023 (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 Chief Financial Officer Erica Gessert will participate in a fireside chat at the UBS Global Technology Conference at the Intercontinental Phoenician Hotel in Scottsdale, Arizona on Wednesday, November 29, 2023 at 12:35 p.m. PT/3:35 p.m. ET.

Partnerships with leading VMS providers, integrations with human resources information systems (HRIS), applicant tracking systems (ATS), procurement, and recruitment platforms, alongside Enterprise Suite enhancements, advance Upwork’s best-in-class enterprise solutions

SAN FRANCISCO, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, today announced its financial results for the third quarter of 2023. Please visit the Upwork Investor Relations website at investors.upwork.com/financial-information/quarterly-results to view Upwork’s third quarter 2023 Shareholder Letter.

Partnerships with leading providers ensure talent on Upwork have access to leading generative AI tools and learning resources, boosting productivity, skills and work products

Upwork Research Institute publishes year-long research revealing three critical attributes of businesses that lead to higher performance, confidence, and revenue growth

SAN FRANCISCO, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest1 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 2023 on Tuesday, November 7, 2023 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.

SAN FRANCISCO, Aug. 29, 2023 (GLOBE NEWSWIRE) --  Upwork Inc. (Nasdaq: UPWK), the world’s largest1 work marketplace that connects businesses with independent talent from across the globe, today announced that President and CEO Hayden Brown, CFO Erica Gessert, and VP of Investor Relations Evan Barbosa will participate in the following upcoming investor conferences:

ChatGPT, Natural Language Processing (NLP), TensorFlow, and Image Processing make the list for top generative AI-related hires on the Upwork platform

SAN FRANCISCO, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest1 work marketplace that connects businesses with independent talent from across the globe, today announced its financial results for the second quarter of 2023. Please visit the Upwork Investor Relations website at investors.upwork.com/financial-information/quarterly-results to view Upwork’s second quarter 2023 Shareholder Letter.

OpenAI Experts on Upwork program provides access to pre-vetted, highly skilled AI talent so businesses can bring the power of OpenAI technologies to their products, solutions and projects

SAN FRANCISCO, July 27, 2023 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest1 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 the Canaccord Genuity 43rd Annual Growth Conference in Boston, MA on Wednesday, August 9, 2023 at 11:00 a.m. PT/2:00 p.m. ET.

Generative AI-enabled experiences for talent and businesses on Upwork accelerate the movement towards AI-empowered workforces

SAN FRANCISCO, July 05, 2023 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, as measured by gross services volume (“GSV”), today announced that it will report its financial results for the second quarter of 2023 on Wednesday, August 2, 2023 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.

Study also shows generative AI adoption varies based on position, company size, and companies’ adoption of remote work

Monahan joins company from Meta to play pivotal role in leading research on business transformation

Tech veteran and former GM of LinkedIn Elevate joins Upwork to lead Enterprise business and delivery of best-in-class Enterprise Suite offering

SAN FRANCISCO, May 10, 2023 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, as measured by gross services volume (“GSV”), today announced that President and CEO Hayden Brown, CFO Erica Gessert, and VP of Investor Relations Evan Barbosa will participate in the following upcoming investor conferences:

SAN FRANCISCO, May 03, 2023 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent, as measured by gross services volume (“GSV”), today announced its financial results for the first quarter of 2023. Please visit the Upwork Investor Relations website at investors.upwork.com/financial-information/quarterly-results to view Upwork’s first quarter 2023 Shareholder Letter.

Report details a year of enabling talent and client success, community action, environmental sustainability and workforce innovation

Former Convoy, Airbnb, and eBay HR leader to drive talent strategy and workforce innovation at the world’s work marketplace

SAN FRANCISCO, April 03, 2023 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, as measured by gross services volume (“GSV”), today announced that it will report its financial results for the first quarter of 2023 on Wednesday, May 3, 2023 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.

Gessert joins company from PayPal; will play pivotal role in next chapter of growth for the world’s largest work marketplace

SAN FRANCISCO, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, as measured by gross services volume (“GSV”), today announced that President and CEO Hayden Brown, CMO Melissa Waters, and VP of Investor Relations Evan Barbosa will participate in the following upcoming investor conferences:

SAN FRANCISCO, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent, as measured by gross services volume (“GSV”), today announced its financial results for the fourth quarter and full year of 2022. Please visit the Upwork Investor Relations website at investors.upwork.com/financial-information/quarterly-results to view Upwork’s fourth quarter and full year 2022 Shareholder Letter.

New end-to-end hiring solution enables businesses to find, vet, hire and pay global talent for full-time work, with tools to address complexity and risk

New report lists the top skills businesses seek from skilled freelancers in Technology, Marketing, Customer Service, Accounting & Consulting, and Design & Creative categories

SAN FRANCISCO, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent, as measured by gross services volume (“GSV”), today announced that it will report its financial results for the fourth quarter and full year of 2022 on Wednesday, February 15, 2023 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.

SAN FRANCISCO, Jan. 03, 2023 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent, as measured by gross services volume (“GSV”), today announced that VP of Investor Relations Evan Barbosa will participate in investor meetings at the 25th Annual Needham Growth Conference at the Lotte New York Palace Hotel on Wednesday, January 11, 2023.

SAN FRANCISCO, Nov. 01, 2022 (GLOBE NEWSWIRE) --  Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent, as measured by gross services volume (“GSV”), today announced that VP of Investor Relations Evan Barbosa will participate in investor meetings at the following upcoming investor conferences:

SAN FRANCISCO, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent, as measured by gross services volume (“GSV”), today announced its financial results for the third quarter of 2022. Please visit the Upwork Investor Relations website at investors.upwork.com/financial-information/quarterly-results to view Upwork’s third quarter 2022 Shareholder Letter.

SAN FRANCISCO, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent, as measured by gross services volume (“GSV”), today announced that it will report its financial results for the third quarter of 2022 on Wednesday, October 26, 2022 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.

SAN FRANCISCO, July 27, 2022 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent, as measured by gross services volume (“GSV”), today announced its financial results for the second quarter of 2022. Please visit the Upwork Investor Relations website at investors.upwork.com/financial-information/quarterly-results to view Upwork’s second quarter 2022 Shareholder Letter.

Upwork Inc. (Nasdaq:UPWK), the world’s work marketplace that connects businesses with independent talent, today announced the company was recognized in Inc’s first annual Best-Led Companies list – a select, data-driven list honoring the strongest public and private companies.

Upwork Inc. (Nasdaq: UPWK), the world’s work marketplace that connects businesses with independent talent, today released a new research report, the “Future Workforce Pulse Report,” examining how businesses are approaching hiring. Utilizing survey data from over 1,000 U.S. hiring managers, the report finds that the use of remote freelancing has dramatically increased as a result of the pandemic, and will continue to rise in the future.

Upwork Inc. (Nasdaq: UPWK), the world’s work marketplace that connects businesses with independent talent, and Budweiser today unveiled the winning Labor Day can packaging designs produced by Deuce Studio as part of the inaugural Upwork CoLab brand-partnership program. Designs of the limited edition packaging can be found here.

Upwork Inc. (Nasdaq: UPWK), the world’s work marketplace, today released a new research report, “The Great Resignation: From Full-time to Freelance,” which explores why American professionals are leaving their current full-time roles. Utilizing survey data from 4,000 Americans, the report finds that 20%, or 10 million Americans, are considering freelancing to work remotely and gain more flexibility.

Upwork Inc. (Nasdaq: UPWK), the world’s work marketplace, and the Economic Innovation Group (EIG) announced today that they will co-host a three-part virtual event series exploring the long-term economic, policy, and geographic impacts of remote work. The series, titled “Rise of Remote: Exploring Trends in Remote Work Post-COVID,” will kick off June 16, 2021.

Upwork Inc. (Nasdaq: UPWK), the world’s work marketplace, and Budweiser today announced a partnership to champion America’s diverse workforce by tapping into the country’s extraordinary creative freelancers to reimagine the design of limited-edition Labor Day can packaging.

Upwork Inc. (Nasdaq: UPWK), the world’s work marketplace that connects businesses with independent talent, today announced an entirely refreshed brand, tagline, and global campaign to advance how it attracts and engages with the world’s best freelancers and companies of all sizes.

Upwork Inc. (Nasdaq: UPWK) today announced a new industry category - the work marketplace - which enables freelancing to reach its full potential by giving freelancers and companies multiple ways to Upwork, making it easy for them to connect and build trusted, long-term relationships that help them achieve more together.