Shares of Fiverr International (NYSE: FVRR) surged 17.9% on Wednesday, following the release of the online freelance marketplace's blockbuster second-quarter results.
Fiverr's revenue rocketed 82% to $47.1 million. The gains were driven by a 28% year-over-year surge in active buyers of freelance services, to 2.8 million, and an 18% rise in average spend per buyer, to $184.
Fiverr's stock rose sharply on Wednesday. Image source: Getty Images.
Source Fool.com