Fiverr reports Q3 EPS 77c, consensus 72c

Reports Q3 revenue $107.9M, consensus $109.3M. Annual active buyers were 3.3M, compared to 3.7M as of September 30, 2024, a decline of 11.7% year over year. Annual spend per buyer reached $330, compared to $295 as of September 30, 2024, an increase of 11.7% year over year. “With AI continuing to run through every facet of the business, our commitment to driving AI transformation and re-accelerating GMV growth is as focused as ever. Our recent strategic restructuring has prepared us to further this transformation and truly establish an AI-first mentality. What the market wants is clear, high-quality specialized talent, and the intentional investments we are making are already allowing us to capture these higher-value client projects,” said Micha Kaufman, founder and CEO of Fiverr (FVRR). “As we leverage our data and the latest AI technologies to build more nuanced product capabilities, we look forward to unlocking this next phase of growth.”