ThredUP Announces First Quarter 2022 Results
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ThredUp Inc. (TDUP) PT Lowered to $10 at Needham & Company
May 10, 2022 6:37 AM EDTNeedham & Company analyst Anna Andreeva lowered the price target on ThredUp Inc. (NASDAQ: TDUP) to $10.00 (from $25.00) while maintaining a Buy rating following earnings.
The analyst commented, "TDUP's core Consignment biz (65% of sales now given Remix) slowed to 6% y/y in 1Q22 (1% sequential... More
ThredUp (TDUP) Misses Q1 EPS by 1c; Guides Lower
May 9, 2022 4:08 PM EDTThredUp (NASDAQ: TDUP) reported Q1 EPS of ($0.21), $0.01 worse than the analyst estimate of ($0.20). Revenue for the quarter came in at $72.7 million versus the consensus estimate of $71.29 million.
GUIDANCE:
ThredUp sees Q2 2022 revenue of $75-77 million, versus the consensus of $80.22... More
