Upwork Stock Price, News & Analysis

Upwork Inc. (Nasdaq: UPWK) reported its fourth quarter and full year 2021 financial results, with gross services volume reaching over $3.3 billion. The company continues to be the world's largest work marketplace, connecting businesses with independent talent. A conference call is scheduled for today to discuss these results. Upwork aims to serve a diverse range of clients, from startups to Fortune 100 companies, emphasizing its strong platform and talent community.

Upwork announces the appointment of Patrick Hedren as the new vice president and global head of public policy and government relations. Hedren, previously with the National Association of Manufacturers, will advocate for policies that enhance economic opportunity and adapt to the evolving work landscape. His role is vital as Upwork aims to navigate public policy amidst changing workforce dynamics post-COVID. The company continues to facilitate flexible work arrangements and skill development for professionals and businesses.

Upwork Inc. (Nasdaq: UPWK) will report its financial results for Q4 and the full year 2021 on February 10, 2022, after market close. A Q&A conference call will follow at 2:00 PM PT. Upwork is the largest work marketplace, connecting businesses with independent talent, and saw its talent community earn over $2.3 billion in 2020. The call will be accessible via Upwork's Investor Relations website, with an audio replay available for a week after.

Upwork has partnered with Catch to provide independent professionals in the U.S. with access to healthcare benefits and personal payroll services. This initiative comes as 36% of the U.S. workforce freelanced in 2021, highlighting the need for accessible benefits. Freelancers can shop for health insurance and manage tax payments efficiently, especially with the January 15, 2022 deadline for open enrollment approaching. This partnership aims to empower freelancers by alleviating the complexities associated with securing essential benefits and finances.

Upwork (NASDAQ: UPWK) has appointed Melissa Waters as its new Chief Marketing Officer. With over 15 years of experience from companies like Meta and Lyft, Waters will enhance Upwork's brand recognition and capitalize on a $1.3 trillion total addressable market opportunity. The company aims to innovate and grow its capabilities in response to workforce shifts accelerated by the pandemic. CEO Hayden Brown expressed excitement about Waters joining the leadership team to shape the future of work.

Upwork, the leading work marketplace, announced that President and CEO Hayden Brown and CFO Jeff McCombs will participate in a fireside chat at the 24th Annual Needham Growth Conference on January 13, 2022, at 11:00 a.m. PT/2:00 p.m. ET. This event offers insights into Upwork's business and financial performance. A live webcast will be available on Upwork's Investor Relations site, with an archive accessible for 90 days post-event. Upwork connects businesses with freelance talent and serves a diverse range of clients, including Fortune 100 companies.

Upwork (NASDAQ: UPWK) closed 2021 by appointing several leaders in its product & experience (PEX) and engineering teams, driving R&D momentum for accelerated growth in 2022. Key hires include David Comer as VP of product and Emily McCord as VP of product for domains. The company expects to expand its teams further and has launched initiatives like Project Catalog and Talent Scout, enhancing its service offerings. Upwork was recognized by the Stevie Awards and G2 Crowd for its innovative solutions in 2021.