TEL AVIV, Israel (AP) — TEL AVIV, Israel (AP) — Fiverr International Lt. (FVRR) on Thursday reported third-quarter profit of $3 million.
On a per-share basis, the Tel Aviv, Israel-based company said it had profit of 7 cents. Earnings, adjusted for stock option expense and non-recurring costs, were 55 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share.
The online marketplace for freelance services posted revenue of $92.5 million in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $91.1 million.
For the current quarter ending in December, Fiverr said it expects revenue in the range of $88.1 million to $95.1 million.
The company expects full-year revenue in the range of $358 million to $365 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FVRR at https://www.zacks.com/ap/FVRR