ETSY's Q2 Earnings Miss Estimates, Revenues Increase Y/Y
ETSYEtsy(ETSY) ZACKS·2024-08-02 00:55

Etsy, Inc. (ETSY) reported second-quarter 2024 earnings of 41 cents per share, missing the Zacks Consensus Estimate by 10.9%. The bottom-line figure reflects a year-over-year decrease of 8.9%. Revenues advanced 3% year over year to $647.81 million. The figure beat the Zacks Consensus Estimate by 2.3%. Top-line growth was driven by accelerating Marketplace revenues. Strong momentum across active sellers and reactivated buyers remained positive. Top Line in Detail Marketplace revenues were $470.38 million (72 ...