1847 Goedeker Announces Third Quarter 2020 Results

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1847 Goedeker Inc. (GOED) Reports Q3 Revenues of $13.4M

November 16, 2020 6:58 AM EST

1847 Goedeker Inc. (NYSE: GOED) reported Q3 revenue for the quarter came in at $13.4 million, versus $12.2 million reported last year.

Business Highlights:

Site sessions increased 80% to 2.7 million in the third quarter of 2020, up from 1.5 million in the prior year period.Written orders in the quarter ended September 30, 2020, reached $36.9 million, up 143% from $15.2 million in the prior year period.Shipped orders increased to $13.4 million in the third quarter of 2020, up 10.1% from $12.2 million in the prior year period.Completed IPO on NYSE American on August 4, 2020; raised net proceeds of... More