The RealReal Announces Third Quarter 2020 Results
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The RealReal Inc. (REAL) Misses Q3 EPS by 3c, Revenues Beat
November 9, 2020 4:49 PM ESTThe RealReal Inc. (NASDAQ: REAL) reported Q3 EPS of ($0.41), $0.03 worse than the analyst estimate of ($0.38). Revenue for the quarter came in at $78.1 million versus the consensus estimate of $76.69 million.
Third Quarter Financial Highlights
Gross Merchandise Volume (GMV) was $245.4 million, a 17% Q/Q improvement and a 3% Y/Y decrease.Total Revenue was $78.1 million, a 16% Q/Q improvement and a 4% Y/Y decrease.Consignment and Service Revenue was $64.4 million, a 15% Q/Q improvement and a 7% Y/Y decrease.Direct Revenue was $13.6 million, a 25% Q/Q and 11% Y/Y... More