ETSY's Q1 Earnings Miss Estimates, Revenues Increase Y/Y
ETSYEtsy(ETSY) Zacks Investment Research·2024-05-03 00:41

Etsy, Inc. (ETSY) reported first-quarter 2024 earnings of 48 cents per share, missing the Zacks Consensus Estimate by 2.04%. The bottom-line figure reflects a year-over-year decrease of 9.4%. Revenues advanced 0.8% year over year to 645.95million.ThefiguremissedtheZacksConsensusEstimateby0.4645.95 million. The figure missed the Zacks Consensus Estimate by 0.4%. Top-line growth was driven by accelerating services revenues. Strong momentum across active sellers and reactivated buyers remained positive. Top Line in Detail Marketplace revenues were 466.98 million (72 ...