The RealReal Inc. (REAL) Tops Q1 EPS by 4c
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The RealReal Announces First Quarter 2022 Results
May 10, 2022 4:06 PM EDTQ1 2022 Gross Merchandise Value Increased 31% Year-Over-Year
Q1 2022 Total Revenue Increased 48% Year-Over-Year
SAN FRANCISCO, May 10, 2022 (GLOBE NEWSWIRE) -- The RealReal (Nasdaq: REAL)the worlds largest online marketplace for authenticated, resale luxury goodstoday reported financial results for its first quarter ended March 31, 2022. The company reported solid top-line growth and significant operating expense leverage. First quarter 2022 gross merchandise value (GMV) increased 31%, compared to the same period in 2021.
We are pleased with our financial results for the first quarter of 2022, which exceeded our expectations on both the top- and bottom-line. The strong growth is... More
