Etsy stock pops on Depop deal despite disappointing revenue, merchandise sales [CNBC]
Etsy, Inc. (ETSY)
Last etsy, inc. earnings: 2/26 04:05 pm
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US:NASDAQ Investor Relations:
investors.etsy.com
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Source: CNBC
The company also issued results for the fourth quarter. Earnings topped estimates, but revenue and gross merchandise sales fell short of expectations. In this article The Etsy company logo is seen at its headquarters in New York City on Dec. 13, 2023. Michael M. Santiago | Getty Images Etsy shares popped on Thursday after the company said it plans to offload its fashion resale app Depop to eBay for about $1.2 billion in cash. The online marketplace also reported mixed earnings results for the fourth quarter. Here's how Etsy did, compared with estimates from analysts polled by LSEG: Earnings per share: 92 cents vs. 84 cents estimated Revenue: $882 million vs. $885 million estimated Gross merchandise sales, or the dollar value of items sold, slid 3.8% year over year to $3.59 billion and missed analyst estimates of $3.6 billion, according to FactSet. The company attributed the annual decline to its sale of musical instrument marketplace Reverb, which was completed la
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ETSY
News
- 3 Things to Know About Etsy Stock Before You Buy [Yahoo! Finance]Yahoo! Finance
- Barclays Upgrades Etsy (ETSY) to Overweight as Truist Raises Target [Yahoo! Finance]Yahoo! Finance
- Etsy to Participate in Upcoming Investor ConferencePR Newswire
- Jim Cramer Discusses Etsy (ETSY) & the Secondhand Clothes Market [Yahoo! Finance]Yahoo! Finance
- 1 Internet Stock to Target This Week and 2 We Turn Down [Yahoo! Finance]Yahoo! Finance
ETSY
Earnings
- 2/19/26 - Beat
ETSY
Sec Filings
- 3/5/26 - Form 4
- 3/4/26 - Form 144
- 3/3/26 - Form 4
- ETSY's page on the SEC website