financetom
Business
financetom
/
Business
/
Fiverr International Shares Rise After AutoDS Acquisition, Higher Q2 Results
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Fiverr International Shares Rise After AutoDS Acquisition, Higher Q2 Results
Jul 31, 2024 9:19 AM

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

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Walmart, Capital One end credit card agreement
Walmart, Capital One end credit card agreement
May 24, 2024
May 24 (Reuters) - Walmart ( WMT ) has ended its agreement with Capital One Financial ( COF ), which was the exclusive issuer of Walmart ( WMT ) consumer credit cards, the companies said on Friday. (Reporting by Pritam Biswas in Bengaluru; Editing by Anil D'Silva) ...
CG Oncology Says Potential Combination Therapy for Bladder Cancer Meets Phase 2 Primary Endpoint
CG Oncology Says Potential Combination Therapy for Bladder Cancer Meets Phase 2 Primary Endpoint
May 24, 2024
09:58 AM EDT, 05/24/2024 (MT Newswires) -- CG Oncology ( CGON ) said Friday that its phase 2 trial of cretostimogene plus pembrolizumab to treat BCG-unresponsive high-risk non-muscle invasive bladder cancer with carcinoma in situ met its primary endpoint. Final data from the phase 2 trial showed a class-leading complete response and duration of response compared with existing and other...
TotalEnergies says it is examining cross-listing shares in U.S
TotalEnergies says it is examining cross-listing shares in U.S
May 24, 2024
PARIS (Reuters) - TotalEnergies said on Friday that it is studying plans to cross-list its shares in the United States, while also keeping its shares on the Euronext stock exchange. It's more a technical study, how to offer these shares to the American market, while keeping our shares on Euronext, in Paris, in London, in Brussels, because the majority of...
Medical Properties Trust Closes $800 Million Loan Backed by UK Hospital Portfolio
Medical Properties Trust Closes $800 Million Loan Backed by UK Hospital Portfolio
May 24, 2024
09:58 AM EDT, 05/24/2024 (MT Newswires) -- Medical Properties Trust ( MPW ) said Friday that it closed a roughly 631 million pound ($800 million) loan backed by 27 of the 36 facilities it leases to Circle Health in the UK. The lending group was led by European real estate investment firm Song Capital, the company said. The loan has...
Copyright 2023-2026 - www.financetom.com All Rights Reserved