Etsy (NASDAQ: ETSY) reported Q1 EPS of $0.24, $0.10 better than the analyst estimate of $0.14. Revenue for the quarter came in at $169.3 million versus the consensus estimate of $170.06 million.

We are raising 2019 guidance for GMS and revenue growth, and reiterating our guidance range for Adjusted EBITDA margin.

		2019 Guidance		2019 Revised Guidance
		February 25, 2019		May 8, 2019
GMS Year-Over-Year Growth		17-20%		18-21%
		~$4.6B - $4.7B		~$4.6B - $4.8B
Revenue Year-Over-Year Growth		29-32%		30-32%
		~$779M - $797M		~$785M - $797M
Adjusted EBITDA Margin*		23-25%		23-25%
		~$181M - $197M		~$182M - $198M
* Assumes the midpoint of our revenue guidance.

For earnings history and earnings-related data on Etsy (ETSY) click here.