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Upwork:Quarterly Results/2023 Q2: Difference between revisions
→Clients and GSV insights
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*'''Growth in active clients was driven by y/y increase in retained clients, partially offset by flat growth in new clients'''(MR). | *'''Growth in active clients was driven by y/y increase in retained clients, partially offset by flat growth in new clients'''(MR). | ||
* '''Retained clients were up 4% y/y'''(Q&A''').''' | * '''Retained clients were up 4% y/y'''(Q&A''').''' | ||
* '''Client acquisition was down 1% sequentially'''(Q&A)'''.''' | * '''Client acquisition was down less than 1% sequentially'''(Q&A)'''.''' | ||
* Active client number is a trailing 12-month number(Q&A). | * Active client number is a trailing 12-month number(Q&A). | ||
* One of their enterprise clients moved to managed service contract in Q2; hence the two will grow in aggregate in Q3(Q&A). | * One of their enterprise clients moved to managed service contract in Q2; hence the two will grow in aggregate in Q3(Q&A). | ||