Poshmark Inc. (POSH) Misses Q4 EPS by 1c; Offers Q1 Revenue Guidance
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Poshmark, Inc. Reports Fourth Quarter and Full Year 2021 Financial Results
March 22, 2022 4:01 PM EDTQ4 Gross Merchandise Value Increased 27% Year-over-Year to $490.8 millionQ4 Total Revenue Increased 22% Year-over-Year to $84.2 millionQ4 Adjusted EBITDA was ($4.7) million with (5.5%) margins
REDWOOD CITY, Calif., March 22, 2022 (GLOBE NEWSWIRE) -- Poshmark, Inc. (NASDAQ: POSH), a leading social marketplace for new and secondhand style, today announced financial results for its fourth quarter and full year ended December 31, 2021. The Company posted net revenues of $84.2 million in the fourth quarter of 2021, which is a 22% year-over-year increase from the fourth quarter of 2020. Gross Merchandise Value (GMV) grew 27% year-over-year from the fourth... More
