ThredUP reports Q3 EPS (22c), consensus (15c)
The Fly

ThredUP reports Q3 EPS (22c), consensus (15c)

Reports Q3 revenue $73.0M, consensus $70.1M. Reports Active Buyers of 1.632M and Orders of 1.553M, representing decreases of 7% and 14%, respectively, over the third quarter 2023. “Though we know there is still work ahead, we have made clear progress in course-correcting in the U.S. since last quarter,” said ThredUp (TDUP) CEO and co-founder James Reinhart. “With momentum in our marketplace, we are pleased to be raising our U.S. Q4 and 2024 revenue outlook and are excited for the opportunities in front of us.”

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App