Etsy Revenue Beats Estimates as Marketplace Sales Surge
Etsy reported stronger-than-expected first-quarter revenue of $631.3 million, surpassing analyst estimates of $620.9 million. The online marketplace attributed the performance to a surge in marketplace sales.
Key facts
- Etsy reported $631.3 million in first-quarter revenue.
- Revenue topped analyst estimates of $620.9 million.
- Marketplace sales surged in the first quarter.
Entities
Institutions
- Etsy
Sources
- Quartz —