Etsy Shares Climb After Mixed Q3 Results: EPS Miss, Revenues Beat
Etsy Shares Climb After Mixed Q3 Results: EPS Miss, Revenues Beat
"We made excellent progress improving Etsy marketplace customer experiences — from Gifting, to Quality, a new loyalty program, investing in our app, and more — all of which we believe will drive engagement and frequency over time. While 2024 has been a challenging period for discretionary goods, we are investing with discipline and focus to make Etsy even more Etsy — which we believe will lift our boat when the tide comes back in again," Silverman added.Etsy, Inc. (NASDAQ:ETSY) reported its third-quarter results after Wednesday's closing bell. Here's a look at the details from the report.
Etsy, Inc. (納斯達克:ETSY)在週三收盤後報告了其第三季度業績。以下是報告中的詳細內容。
The Details: Etsy reported quarterly earnings of 45 cents per share, which missed the analyst consensus estimate of 55 cents. Quarterly revenue came in at $662.4 million, which beat the analyst consensus estimate of $652.81 million and is an increase over sales of $636.3 million from the same period last year.
細節：Etsy報告每股45美分的季度收益，低於分析師一致預期的55美分。季度營業收入爲66240萬美元，超過分析師一致預期的65281萬美元，較去年同期銷售額63630萬美元增加。
- Consolidated GMS was $2.9 billion, down 4.1% year-over-year and down 4.4% on a currency-neutral basis.
- Consolidated GMS performance includes a small headwind from the divestiture of Elo7.
- Etsy marketplace GMS was $2.5 billion, down 6.0% year-over-year and down 6.3% on a currency-neutral basis.
- Active buyers decreased 0.4% year-over-year to 91.2 million.
- 6.4 million buyers were reactivated, up 5.6% from the prior year period, and acquired 5.3 million new buyers.
- GMS per active buyer on a trailing 12-month basis for the Etsy marketplace declined 3.4% year-over-year to $123 in the third quarter.
- The number of habitual buyers was 6.8 million, down 4.8% year-over-year.
- U.S. domestic GMS represented 51% of overall GMS and GMS ex-U.S. domestic was 49% of overall GMS.
- 合併總商品銷售額爲29億美元，同比下降4.1%，按貨幣中立計算下降4.4%。
- 合併總商品銷售額的表現包括Elo7出售所帶來的小幅不利影響。
- Etsy市場的GMS爲25億美元，同比下降6.0%，在中立貿易基礎上下降6.3%。
- 活躍買家同比減少0.4%，至9120萬。
- 640萬買家重新激活，同比增長5.6%，並吸引了530萬新買家。
- Etsy市場上每名活躍買家的總商品銷售額在最近12個月的基礎上同比下降3.4%，在第三季度爲123美元。
- 習慣性購買者數量爲680萬，同比下降4.8%。
- 美國國內GMS佔整體GMS的51％，而不包括美國國內的GMS佔整體GMS的49％。
"Our third quarter consolidated results came in roughly as anticipated, with some incremental pressure on Etsy marketplace year-over-year GMS, healthy growth in revenue and continued strength in our adjusted EBITDA profitability," said Josh Silverman, Etsy CEO.
「我們的第三季度綜合業績基本符合預期，在Etsy市場年增長的總商品銷售額有一些增壓，營業收入增長強勁，並保持調整後的EBITDA利潤能力強勁，」 Etsy CEO Josh Silverman說。
"We made excellent progress improving Etsy marketplace customer experiences — from Gifting, to Quality, a new loyalty program, investing in our app, and more — all of which we believe will drive engagement and frequency over time. While 2024 has been a challenging period for discretionary goods, we are investing with discipline and focus to make Etsy even more Etsy — which we believe will lift our boat when the tide comes back in again," Silverman added.
「我們在改善Etsy市場客戶體驗方面取得了卓越進展 — 從禮品贈送、品質、新的忠誠計劃，到爲我們的應用程序投資等等 — 我們相信所有這些都將隨着時間推動用戶參與度和頻率增加。雖然2024年對於非必需品類商品來說是一個具有挑戰性的時期，但我們正在以紀律和專注的方式進行投資，努力使Etsy變得更加「Etsy」 — 我們相信這將在潮水再次升漲時推動我們的發展。」 Silverman補充道。
ETSY Price Action: According to Benzinga Pro, Etsy shares are up 11.79% after-hours at $53.65 at the time of publication Wednesday.
ETSY股價走勢：根據Benzinga Pro，截至週三發佈時，Etsy股價在盤後交易中上漲11.79%，報53.65美元。
Read Also:
閱讀更多:
- Starbucks Analysts Bullish On CEO Brian Niccol After Tough Preannouncement: 'Zeroing In' On Right Issues
- 星巴克分析師看好首席執行官布萊恩·尼科爾，在艱難的預告之後：「將重點放在正確的問題上」
Photo: Shutterstock
圖片：shutterstock
譯文內容由第三人軟體翻譯。
