UPWORK, INC [UPWK] posts $89.88M loss as revenue rises 22.98% to $618.32M

UPWORK, INC [UPWK] posted a loss of $89.88M, marking a fall of 59.82% for this year.

Revenue rose to $618.32M this year compared to $502.80M in the previous year.

According to the latest annual report the company has filed with the SEC, current earnings were $-89.88M, down 59.82% from $-56.24M.

The company’s net sales for the period were $618.32M, up 22.98%. Net sales in the previous year were $502.80M.