Poshmark Inc. (POSH) Misses Q3 EPS by 2c, Offers Guidance
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Poshmark, Inc. Reports Third Quarter 2021 Financial Results
November 9, 2021 4:00 PM ESTQ3 Gross Merchandise Value Increased 18% Year over Year to $442.5 million
Q3 Total Revenue Grew 16% Year over Year to $79.7 million
Q3 Adjusted EBITDA was $0.3 million with margins of 0.3%
REDWOOD CITY, Calif., Nov. 09, 2021 (GLOBE NEWSWIRE) -- Poshmark, Inc. (NASDAQ: POSH), a leading social marketplace for new and secondhand style, today announced financial results for the third quarter ended September 30, 2021. The Company posted net revenues of $79.7 million, which is a 16% year-over-year increase from the third quarter of 2020. Gross Merchandise Value (GMV) grew 18% year-over-year to $442.5 million, up from... More
