Glonghui, May 2 | US e-commerce platform Etsy (ETSY.US) fell by more than 14%, hitting a low of $2.74, a record low. Etsy's first-quarter revenue was $645.94 million, falling short of the market's general expectations of $646.33 million; earnings per share were 48 cents, falling short of expectations of 49 cents per share. The total consolidated GMS (total product sales) was $3 billion, down 3.7% year over year, mainly due to the difficult macroeconomic environment affecting non-essential consumer goods spending.
美股异动｜Etsy跌超14%创新低 第一季度业绩逊预期 商品销售总额下降3.7%
Changes in US stocks | Etsy fell more than 14% to a record low, and first-quarter results fell short of expectations, total product sales fell 3.7%
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