Etsy, Inc. Reports First Quarter 2020 Financial Results

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Go back to Etsy, Inc. Reports First Quarter 2020 Financial Results

Etsy (ETSY) Reports In-Line Q1 EPS, Withdraws Guidance

May 6, 2020 4:20 PM EDT

Etsy (NASDAQ: ETSY) reported Q1 EPS of $0.18, in-line with the analyst estimate of $0.18. Revenue for the quarter came in at $228.06 million versus the consensus estimate of $220.21 million.

"Etsy has demonstrated tremendous resiliency in the wake of a global crisis," said Josh Silverman, Etsy, Inc. Chief Executive Officer. "The COVID-19 pandemic has been a test of our team, our marketplaces, our brand, and the underlying strength of our business. While there was no playbook for this situation, we moved with agility, focus, and purpose to support the Etsy global community... More