Etsy, Inc. Reports First Quarter 2024 Results
Etsy, Inc. (ETSY)
Last etsy, inc. earnings: 2/26 04:05 pm
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Source: PR Newswire
BROOKLYN, N.Y., May 1, 2024 /PRNewswire/ -- Etsy, Inc. (NASDAQ: ETSY), which operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers around the world, today announced results for its first quarter ended March 31, 2024."Our first quarter performance, while in line with our guidance, was pressured by the challenging environment for consumer discretionary products, which continues to be a headwind to Etsy marketplace growth," said Josh Silverman, Etsy, Inc. Chief Executive Officer. "That said, we are encouraged by the meaningful progress we have made to improve customer experiences that we expect will drive buyer consideration and frequency over time, and we are working with focus and urgency to set the foundation to reignite Etsy marketplace growth. I'm confident that leaning into our differentiators to make Etsy even more Etsy will help ensure we stand out in the sea of sameness in e-commerce."First quarter 2024 performance highlights
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News
- Etsy to Participate in Upcoming Investor ConferencesPR Newswire
- Tim Holley Joins MyFitnessPal as Chief Product OfficerPR Newswire
- Etsy, Inc. (NASDAQ: ETSY) had its price target lowered by analysts at Citigroup Inc. from $72.00 to $62.00. They now have a "neutral" rating on the stock.MarketBeat
- Etsy, Inc. (NASDAQ: ETSY) had its price target lowered by analysts at Canaccord Genuity Group Inc. from $125.00 to $105.00. They now have a "buy" rating on the stock.MarketBeat
- Etsy, Inc. (NASDAQ: ETSY) had its price target lowered by analysts at Guggenheim from $95.00 to $80.00. They now have a "buy" rating on the stock.MarketBeat
ETSY
Earnings
- 5/1/24 - Miss
ETSY
Sec Filings
- 5/3/24 - Form 4
- 5/2/24 - Form 10-Q
- 5/1/24 - Form 8-K
- ETSY's page on the SEC website