Etsy Inc. (NASDAQ: ETSY) shares rose in premarket trading after Q1 FY25 revenue beat estimates at $651.18 million. Strong advertising and payments growth drove the gain, despite a 6.5% drop in gross merchandise sales.
However, the e-commerce player reported a net loss of $52.1 million during the quarter compared to a profit of $63 million in the same quarter a year ago, reflecting an impairment charge of $101.7 million to the goodwill of Reverb.
Online marketplace Etsy (NASDAQ:ETSY) announced better-than-expected revenue in Q1 CY2025, but sales were flat year on year at $651.2 million. Its GAAP loss of $0.49 per share was significantly below analysts’ consensus estimates.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at online marketplace stocks, starting with CarGurus (NASDAQ:CARG).
Generating cash is essential for any business, but not all cash-rich companies are great investments.
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Etsy trades at $43.06 per share and has moved almost in lockstep with the market over the last six months. The stock has lost 13.3% while the S&P 500 is down 9.8%. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.
A number of stocks fell in the afternoon session after markets gave up early gains with optimism over progress in US-China trade talks quickly fading as the Trump administration announced plans to raise tariffs on all Chinese imports to well above 100%.
BofA warns 2025 tariffs could severely impact U.S. home furnishing retailers like Wayfair (NYSE: W) and RH (NYSE: RH), with potential price hikes up to 30% due to sourcing from Asia. Rising costs, weak demand, and recession fears may further hurt sales.
Looking back on online marketplace stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including ACV Auctions (NYSE:ACVA) and its peers.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how online marketplace stocks fared in Q4, starting with Etsy (NASDAQ:ETSY).
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how online marketplace stocks fared in Q4, starting with Teladoc (NYSE:TDOC).
