Fiverr International Ltd. (NYSE:FVRR) Q2 2022 Earnings Conference Call August 4, 2022 8:30 AM ET
Company Participants
Jinjin Qian - Vice President, Strategic Finance
Micha Kaufman - Co-Founder and Chief Executive Officer
Ofer Katz - President and Chief Financial Officer
Conference Call Participants
Bernie McTernan - Needham
Doug Anmuth - JPMorgan
Brad Erickson - RBC Capital Markets
Matt Farrell - Piper Sandler
Andrew Boone - JMP Securities
Eric Sheridan - Goldman Sachs
Jason Helfstein - Oppenheimer
Daniel Shahrabani - Fard Investments
Nat Schindler - Bank of America Merrill Lynch
Operator
Hello, everyone, and welcome to the Fiverr Q2 Fiscal 2022 Earnings Conference Call. My name is Charlie and I will be coordinating the call today. You will have the opportunity to ask a question at the end of the presentation. [Operator Instructions]
I'll now hand over to your host, Jinjin Qian, Head of Investor Relations to begin. Jinjin, please go ahead.
Jinjin Qian
Thank you, operator, and good morning everyone. Thank you for joining us on Fiverr’s earnings conference call for the second quarter ended June 30, 2022. Joining me today on the call is Micha Kaufman, Founder and CEO, and Ofer Katz, President and CFO.
Before we start, I would like to remind you that during this call we may make forward-looking statements and that these statements are based on our current expectations and assumptions as of today and Fiverr assumes no obligation to update or revise them. A discussion of some of the important risk factors that could cause actual results to differ materially from any forward-looking statements can be found under the Risk Factors section in Fiverr’s most recent Form 20-F and other filings with the SEC.
During this call, we’ll be referring to some non-GAAP financial measures. A reconciliation of the non-GAAP financial measures to the most directly comparable GAAP measures are provided in the earnings release we issued today and our shareholder letter, each of which is available on our website at investors.fiverr.com.
And now, I will turn the call over to Micha.
Micha Kaufman
Thank you, Jinjin. Good morning everyone and thank you for joining us today. In the second quarter of 2022 Fiverr delivered revenue of $85 million representing the year-over-year growth of 13%. We continue to see a rapid consumer and SMB sentiment shift amidst the challenging global macro environment. Geopolitical volatility, spiking inflation, and elevated energy prices meant that spending power of consumers and SMBs was impacted more than expected. This trickled through to the overall demand for freelancer spending. We are not immune to these macro trends.