Leaf Group Announces Preliminary Second Quarter 2020 Results
LEAF GROUP LTD (LEAF)
US:NYSE Investor Relations:
investor.onemainfinancial.com
Company Research
Source: GlobeNewswire
Records Highest Quarterly Revenue Growth Rate Since Q1 2011 Highest Quarterly Revenue Since 2013 Society6 Group and Saatchi Art Group Both Post Record Quarterly Revenue and New Customers SANTA MONICA, Calif., July 02, 2020 (GLOBE NEWSWIRE) -- Leaf Group Ltd. (NYSE: LEAF), a diversified consumer internet company, today provided a financial update. Leaf Group’s second quarter 2020 revenue grew over 35% year-over-year, reflecting strong Marketplaces growth through the end of June 2020, partially offset by lower Media revenue. Leaf Group’s second quarter 2020 revenue was its highest since fiscal year 2013, driven by its strongest year-over-year revenue growth rate since the first quarter of 2011. Society6 Group Gross Transaction Value (GTV) increased over 125% year-over-year in the second quarter 2020 driven by overall Direct-to-Consumer (DTC) GTV growth of over 150%, including over 170% growth in the US and over 75% growth internationally. Society6 Group experienced strong eComm
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