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Poshmark Inc. (POSH) Q2 Revenues Beat, Guides Q3 Revs In-Line

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Poshmark, Inc. Reports Second Quarter 2021 Financial Results

August 10, 2021 4:00 PM EDT

Q2 Gross Merchandise Value Increased 25% Year over Year to $449.6 millionQ2 Total Revenue Grew 22% Year over Year to $81.8 millionQ2 Adjusted EBITDA was $6.1 million with margins of 7.4%

REDWOOD CITY, Calif., Aug. 10, 2021 (GLOBE NEWSWIRE) -- Poshmark, Inc. (NASDAQ: POSH), a leading social marketplace for new and secondhand style, today announced financial results for the second quarter ended June 30, 2021. The Company posted net revenues of $81.8 million, which is a 22% year-over-year increase from the second quarter of 2020. Gross Merchandise Value (GMV) grew 25% year-over-year to $449.6 million, up from $359.7 million in the same... More