— Etsy Inc. (NASDAQ: ETSY) reported Q4 2019 earnings of $0.25 per share, vs. $0.16 expected.
— Revenues grew 35% to $270 million, vs. $265 million
expected.
— Marketplace revenue rose 25.3% to $189.6 million.
— Services revenue rose 65.2% to $80.3 million.
— GMS increased 32.8% to $1.65 billion.
— Active buyers rose 17.5% to 46,351.
— Active sellers increased 27.6% to 2,699.
— FY2020 revenue is expected to be $1.04 billion to $1.06
billion.
— FY2020 GMS is expected to be $6.2 billion to $6.4
billion.
— ETSY shares gained 13.5% immediately following the announcement.
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