Fiverr International Ltd Stock Price, News & Analysis

Fiverr (NYSE: FVRR) has launched a new platform called Togetherr, aimed at revolutionizing the creative industry by forming specialized teams for projects. Utilizing proprietary technology known as the Creative Genome, Togetherr will curate teams of top-tier creative talent selected based on specific project needs. The platform responds to the evolving demands of brands for faster, more flexible solutions, diverging from traditional agency methods. Current offerings include access to over 1,100 creatives and starting project costs around $50K.

Fiverr (NYSE: FVRR) has launched its first brand campaign titled “We Love Recruiters,” aimed at celebrating the vital role of recruiters in a competitive talent market. The campaign is a humorous love song that acknowledges the challenges recruiters face, including a significant job turnover of 4.5 million and 11.55 million job openings in March. Over the past two years, Working Not Working, a Fiverr company, doubled its customer base, indicating strong growth despite a lack of marketing budget until now. The campaign will be promoted on platforms like YouTube, LinkedIn, and Instagram.

Fiverr International Ltd. (NYSE: FVRR) will participate in the J.P. Morgan Global Technology, Media and Communications Conference on May 23, 2022, at 9:20 am Eastern Time. CEO Micha Kaufman and CFO Ofer Katz will present, with a live webcast available on Fiverr's investor relations website. Fiverr aims to revolutionize work accessibility, serving over 4 million customers globally through its Talent Cloud, which connects businesses with freelancers across various industries. More details can be accessed at investors.fiverr.com.

Fiverr International Ltd. (NYSE: FVRR) reported a record Q1 2022 revenue of $86.7 million, up 27% year-over-year, marking its first Adjusted EBITDA profitability in a Q1. Active buyers grew to 4.2 million, an 11% increase, with each buyer spending $251, up 17%. However, Q1 GAAP net loss improved slightly to ($17.0) million. The company updated its Q2 2022 and full-year guidance amidst a volatile macro environment, particularly in Europe. Fiverr continues to innovate, introducing features like AI Audition while maintaining brand awareness.

Fiverr International Ltd. (NYSE: FVRR) released insights from a survey involving 1,400 Anywhere Workers, revealing that 90% have seen earnings grow or remain stable since adopting this lifestyle. The study highlights that 54% of Anywhere Workers also classify as remote workers, and over 60% work full-time while traveling. Key priorities for these individuals include cost of living and job opportunities for traveling partners. The trend of Anywhere Workers integrating work and travel reflects a shift in workforce dynamics post-pandemic.

Fiverr International Ltd. (NYSE: FVRR) launched AI Auditions, a new tool for voiceover artists that automates auditioning, allowing them to present personalized voice samples without reading scripts. This innovation streamlines the process for customers, enabling them to hear voice samples by simply inputting text on the artist's profile. Currently in beta for select artists, this feature is expected to enhance productivity for Fiverr's talent pool while providing clients with a seamless way to evaluate voiceover options.

Fiverr International Ltd. (NYSE: FVRR) will release its first quarter financial results for the period ended March 31, 2022, on May 11, 2022, before the market opens. A management conference call and webcast will follow at 8:30 a.m. ET to discuss the results. Interested parties can access the call via telephone or through a live webcast, with archived access available on Fiverr's investor relations website.

Fiverr aims to democratize access to talent globally, connecting businesses with a diverse pool of freelance professionals.

Fiverr International Ltd. (NYSE: FVRR) recently launched its Spring 2022 Small Business Needs Index, highlighting trends in growing service demands. Key findings include:

• Web3's popularity is rising among small businesses.
• Promotional Video Ads saw a 453% increase in search.
• The demand for NFT Art surged with a 3,504% increase.

The index reflects shifts in small business priorities due to the recent entrepreneurial surge.