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flag Etsy reports mixed Q1 results: revenue up, but losses and declining sales worry investors.

flag Etsy reported mixed first-quarter results, with revenue slightly above expectations at $651.2 million, but a GAAP loss of $0.49 per share, missing forecasts. flag Gross merchandise sales fell 6.5%, and active buyers declined. flag Despite the sales dip, adjusted EBITDA beat expectations. flag Etsy plans to divest its Reverb business and is focusing on its core marketplace and Depop. flag The company's stock initially rose but later declined, reflecting investor concerns about sales and tariffs. flag Guidance for the second quarter suggests a similar GMS decline or slight improvement.

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