The RealReal Reports Narrower-Than-Expected Q3 Loss, Raises 2024 View
The RealReal(REAL) ZACKS·2024-11-05 21:42
The RealReal Inc. (REAL) posted third-quarter 2024 results, wherein the bottom line surpassed the Zacks Consensus Estimate. Also, both top and bottom lines increased year over year. The company delivered strong results for the third quarter, with positive supply trends continuing into the fourth quarter. Third-quarter Gross Merchandise Volume (“GMV”), total revenues and adjusted EBITDA all exceeded prior expectations, allowing the company to raise its full-year outlook.REAL’s Quarterly Performance: Key Insi ...