ThredUp (TDUP) Tops Q4 EPS by 1c, Offers Guidance

ThredUp (NASDAQ: TDUP) reported Q4 EPS of ($0.19), $0.01 better than the analyst estimate of ($0.20). Revenue for the quarter came in at $71.3 million versus the consensus estimate of $63.08 million.

GUIDANCE:

ThredUp sees Q1 2023 revenue of $71-73 million, versus the consensus of $70 million.

• Gross margin in the range of 66.0% to 68.0%
• Adjusted EBITDA loss margin in the range of 12.0% to 10.0%

ThredUp sees FY2023 revenue of $310-320 million, versus the consensus of $301.7 million.

• Gross margin in the range of 66.0% to 68.0%
• Adjusted EBITDA loss margin in the range of 8.0% to 6.0%

For earnings history and earnings-related data on ThredUp (TDUP) click here.

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