Zohar Nir sold $56K of FVRR

Fiverr International reported Q2 revenue of $97.78M, down from $108.65M a year earlier, while net income rose to $4.47M and diluted EPS to $0.12. The company cut Q3 and full-year 2026 revenue guidance to $356M-$372M, citing AI-related demand and traffic headwinds and weaker activity in automation-exposed categories.

Strategic Transition and Market Dynamics Management attributes a 10% revenue decline to the rapid compression of high-volume, low-value transactional work as AI automates simple tasks. A noticeable deceleration in marketplace traffic and demand in late Q2 and early Q3 is linked to recent LLM updates and the integration of AI summaries into search engines like Google.

Oppenheimer downgraded Fiverr International (FVRR) to Perform from Outperform, citing accelerating AI-related headwinds after Fiverr cut full-year guidance. Oppenheimer said large language model adoption increased within the quarter and lowered revenue and EBITDA guidance by 9% and 21%. It forecast 2026 and 2027 revenue declines of 16% and 38%. Goldman also cut its target to $13.

Fiverr International (FVRR) shares fell about 20% after the company reported Q2 results that missed Wall Street expectations. Revenue was $97.8M, down 10% year over year and below the $99.8M consensus. Adjusted EPS was $0.50 vs $0.52 expected. Fiverr lowered 2026 guidance to $364M revenue and $57M EBITDA.

Fiverr (NYSE: FVRR) shares fell 19.4% after the company reported Q2 results below Wall Street expectations and cut its full-year outlook. Revenue declined 10% year over year to $97.8 million, with adjusted EPS of $0.50. Active buyers dropped 20.6% to 2.7 million. Fiverr lowered FY revenue guidance to $364 million (midpoint) and reduced adjusted EBITDA expectations.

Avis Budget Group reported Q2 earnings of 98 cents per share, below analysts’ $1.80 consensus, and sales of $2.998 billion, below the $3.101 billion consensus, according to the company and analyst estimates. Its shares fell 13.3% to $144.20 in pre-market trading.