12:07 PM EDT, 07/31/2024 (MT Newswires) -- Fiverr International ( FVRR ) shares jumped 18% in recent Wednesday trading after the company announced the acquisition of AutoDS and posted results for Q2.
AutoDS, a subscription-based dropshipping automation tool, will remain independently operated, Fiverr ( FVRR ) said Wednesday.
Terms of the deal weren't disclosed.
On Wednesday, Fiverr ( FVRR ) reported Q2 non-GAAP net income rose to $0.58 per diluted share from $0.49 a year earlier and revenue climbed to $94.7 million from $89.4 million.
The company adjusted full-year revenue guidance to $383 million to $387 million from $381 million to $387 million on May 9.
Price: 25.77, Change: +3.88, Percent Change: +17.72