Fiverr International Ltd Stock Price, News & Analysis

Fiverr International Ltd. (NYSE: FVRR) announced its first Super Bowl ad during Super Bowl LV on February 7, 2021, aiming to enhance brand visibility. This follows a year where Fiverr has become vital for businesses adapting to change. The ad reflects the company's campaign, “It Starts Here,” targeting small and medium businesses amidst their digital transformation. The spot will air in the third quarter and is part of a broader marketing strategy following significant milestones like a successful IPO and new brand identity.

Fiverr International Ltd. (NYSE: FVRR) will announce its fourth quarter and fiscal year 2020 financial results on February 18, 2021, before market opening. The management will hold a conference call at 8:30 a.m. ET, offering insights into business performance. Interested parties can dial in or access the call via webcast through the investor relations section of the Fiverr website. The company aims to reshape work dynamics by connecting businesses with freelancers across diverse sectors.

Fiverr International Ltd (NYSE: FVRR) announced that CEO Micha Kaufman and CFO Ofer Katz will present at the Goldman Sachs Technology and Internet Conference on January 12, 2021, at 10:30 a.m. Eastern Time. Investors can access the live webcast from Fiverr's investor relations website. The archived audio will be available post-presentation. Fiverr has been revolutionizing work collaboration for over a decade, connecting businesses with freelancers in 400+ categories. In the year ending September 30, 2020, over 3 million customers engaged services from freelancers across 160+ countries.

Fiverr's latest survey reveals a significant shift in the U.S. workforce's attitude towards remote work and freelancing amid the pandemic. Conducted with Censuswide, the survey of 1,035 remote workers indicates a 48% year-over-year increase in new U.S. freelance registrations. Notably, 68% of respondents are more open to freelance work since the pandemic, driven by job security concerns and lifestyle changes. Moreover, 41% express high satisfaction with their work-from-home setup, contrasting with earlier dissatisfaction levels. However, challenges like distractions and job insecurity persist.

Fiverr International Ltd. (NYSE: FVRR) has expanded into Latin America with launches in Brazil and Mexico, following successful entries in Europe. CEO Micha Kaufman emphasizes their aim to provide local payment solutions and native language support to enhance user experience. Brazil's small businesses present a significant opportunity, with a 137% increase in freelance registrations within the past year. In Mexico, a local language site and cash payment options through Oxxo aim to attract more users, reflecting a 109% year-over-year growth in freelancers joining Fiverr.

Fiverr International Ltd. (NYSE: FVRR) announces that CEO Micha Kaufman and CFO Ofer Katz will present at two upcoming virtual conferences. The Needham Virtual Internet Services Conference is scheduled for November 16 at 10:45 a.m. ET, while the UBS Global Virtual TMT Conference will take place on December 8 at 10:15 a.m. ET. Live webcasts of the presentations can be accessed on Fiverr’s investor relations website, with archived replays available afterward. Fiverr connects businesses with freelancers across various digital service categories, serving over 3 million customers worldwide.

Fiverr International Ltd. (NYSE: FVRR) reported third quarter 2020 results, revealing an impressive revenue of $52.3 million, marking an 88% year-over-year increase. Active buyers rose by 37% to 3.1 million, while spend per buyer increased by 20% to $195. The company's GAAP net loss reduced to ($0.5) million from ($8.4) million the previous year. Adjusted EBITDA improved to $4.2 million, with a margin of 8.0%. Fiverr also raised its full-year guidance, forecasting $186.0 - $187.0 million in annual revenue.

Fiverr International Ltd. (NYSE: FVRR) has priced $400 million of 0% Convertible Senior Notes due 2025 in a private offering. The notes have an initial conversion rate of 4.6823 shares per $1,000, translating to a conversion price of approximately $213.57, a 40% premium over the October 7, 2020 closing price. The offering is expected to net $388.8 million, aimed at financing capped call transactions and general corporate purposes. The notes will not accrue regular interest and are subject to specific conditions for conversion and redemption.

Fiverr International Ltd. (NYSE: FVRR) has released its second semi-annual Small Business Needs Index, revealing critical insights into the digital transformation needs of small businesses amid the COVID-19 pandemic. The index showcases a surge in demand for services like dropshipping, social media design, and customer service, indicating a shift toward online operations. Notably, the top searches included dropshipping (319%) and Shopify promotion (247%). This trend highlights the increasing reliance on digital tools for business success.