Etsy (ETSY) Profitable Due To One Time Benefit - Wedbush
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/16/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- SanDisk upgraded at JPMorgan after investor day; shares climb
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
RBC Capital Raises Price Target on Etsy (ETSY) to $11 Following 1Q Beat
May 4, 2016 7:36 AM EDTRBC Capital reiterated a Sector Perform rating on Etsy (NASDAQ: ETSY), and raised the price target to $11.00 (from $10.00), following the company's 1Q earnings report. Etsy reported revenue of $81.8MM, which was above the Street's estimates at $75MM. EBITDA of $14.8MM also came in above... More
Etsy (ETSY) Tops Q1 Views
May 3, 2016 4:10 PM EDTEtsy (NASDAQ: ETSY) reported Q1 EPS of 0.01, 3 cents better than analyst estimate of ($0.02). Revenue for the quarter came in at $81.85 million versus the consensus estimate of $75.15 million.
Non-GAAP Adjusted EBITDA for the first quarter was $14.8 million and grew 121.1% year-over-year. Non-GAAP Adjusted EBITDA margin was 18.0%, up 660 bps year-over-year. Non-GAAP Adjusted EBITDA performance was impacted by leverage in employee related costs, the previously mentioned high incremental margin gift card revenue and leverage in marketing spend. In the second quarter, we expect to accelerate the pace of hiring and... More
