Fiverr Expects 4Q23 Revenue Of $88.1M-$95.1M Vs. Consensus Of $93.33M And Adjusted EBITDA Of $14.9M-$16.9M; Reaffirms FY23 Revenue Guidance Of $358M-$365M Vs. Consensus Of $361.8M And Adjusted EBITDA Of $58M-$60M (Prior $56M-$50M)

Benzinga ·  Nov 9, 2023 02:08

Financial Outlook

Our Q4'23 outlook and updated full year 2023 guidance reflects the volatility we experienced in our marketplace following the onset of the war in our region and the potential for increased volatility through the remainder of the year. We are maintaining our FY 2023 revenue guidance range while raising the bottom end of our Adjusted EBITDA guidance range.

Q4 2023 FY 2023
Revenue $88.1 - $95.1 million $358.0 - $365.0 million
y/y growth 6% - 14% y/y growth 6% - 8% y/y growth
Adjusted EBITDA(1) $14.9 - $16.9 million $58.0 - $60.0 million
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