Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Etsy reports mixed Q1 results: revenue up, but losses and declining sales worry investors.
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.
Gross merchandise sales fell 6.5%, and active buyers declined.
Despite the sales dip, adjusted EBITDA beat expectations.
Etsy plans to divest its Reverb business and is focusing on its core marketplace and Depop.
The company's stock initially rose but later declined, reflecting investor concerns about sales and tariffs.
Guidance for the second quarter suggests a similar GMS decline or slight improvement.
10 Articles