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Etsy Beats Street Handily on Top Line in Second Quarter

June 2, 2023
in Trade Tube
Reading Time: 1 min read
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Etsy posted a loss of $0.06 a share on revenue of $85.34 million. Analysts were looking for a loss of $0.01 a share on sales of $80.55 million. Last year, Etsy lost $0.07 a share on sales of $61.37 million in its second quarter. As for details, Etsy expanded its global community to include approximately 1.7 million active sellers and 26.1 million active buyers. Gross merchandise sales were up $669.7 million, up 22.6 percent compared with the second quarter of 2015. Etsy’s mobile visits once again grew faster than desktop visits.

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