Upwork: Plodding Along
- Upwork reported a solid quarter with revenues beating analyst estimates and growing at an impressive 18% clip.
- The freelance platform didn't guide to the most impressive 2023 growth rate, but Upwork growing sales at 13% is solid for the macro weakness.
- The stock is cheap at only 2x forward sales while the company forecasts being profitable in '23.
- This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More »