Fiverr: Q1 Earnings Snapshot

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TEL AVIV, Israel (AP) — TEL AVIV, Israel (AP) — Fiverr International Lt. (FVRR) on Wednesday reported profit of $798,000 in its first quarter.

The Tel Aviv, Israel-based company said it had profit of 2 cents per share. Earnings, adjusted for one-time gains and costs, were 64 cents per share.

The online marketplace for freelance services posted revenue of $107.2 million in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $105.5 million.

For the current quarter ending in June, Fiverr said it expects revenue in the range of $105 million to $109 million.

The company expects full-year revenue in the range of $425 million to $438 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