Categories Earnings, Retail

Etsy (ETSY): Q4 2019 Earnings Snapshot

Earnings Update by AlphaStreet

— 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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