💸 #Upwork • #ShareholderLetter

Upwork Reports First Quarter 2025 Financial Results

Achieves record first quarter with revenue of $192.7 million, GAAP net income of $37.7 million and adjusted EBITDA of $56.0 million, resulting in 20% profit margin and 29% adjusted EBITDA margin.

Reiterates FY2025 revenue guidance and raises full-year adjusted EBITDA guidance.

Source: Upwork

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