Etsy (ETSY) Posts Q4 Loss of $0.19/Share
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Etsy (NASDAQ: ETSY) reported Q4 EPS of ($0.19), which may note compare to the analyst estimate of $0.02. Revenue for the quarter came in at $110.2 million versus the consensus estimate of $107.8 million.
"We exited 2016 with strong momentum," said Chad Dickerson, Etsy, Inc. CEO and Chairman. "We delivered fourth quarter and full year financial results that exceeded our guidance, introduced new products such as Google Shopping and launched our first-ever global brand campaign. We kicked off 2017 by unveiling Etsy Studio, a new global craft supplies market, and by revamping the seller experience with the launch of our new streamlined seller dashboard, Shop Manager. These announcements underscore our bold, ambitious efforts to support creative entrepreneurs and we believe they create new long-term growth opportunities for Etsy. We are very excited about our future."
For earnings history and earnings-related data on Etsy (ETSY) click here.
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