Etsy (ETSY) Tops Q2 EPS by 19c
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Etsy, Inc. Reports Second Quarter 2022 Results
July 27, 2022 4:05 PM EDTBROOKLYN, N.Y., July 27, 2022 /PRNewswire/ -- Etsy, Inc. (NASDAQ: ETSY), which operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers around the world, today announced results for its second quarter ended June 30, 2022.
Second quarter 2022 performance highlights include:
Consolidated GMS was $3.0 billion, down 0.4% year-over-year and up 2.6% on a currency neutral basis. GMS performance was impacted by macro headwinds including reopening, pressures on consumer discretionary spending, foreign exchange rate volatility, and ongoing geopolitical... More