Poshmark Inc. (POSH) Misses Q2 EPS by 6c, Offers Guidance
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Poshmark, Inc. Reports Second Quarter 2022 Financial Results
August 11, 2022 4:01 PM EDTQ2 Total Revenue Increased 9% Year-over-Year to $89.1 millionQ2 Gross Merchandise Value Increased 8% Year-over-Year to $483.5 millionQ2 Adjusted EBITDA was ($9.8) million with (11.0%) margins
REDWOOD CITY, Calif., Aug. 11, 2022 (GLOBE NEWSWIRE) -- Poshmark, Inc. (NASDAQ: POSH), a leading social marketplace for new and secondhand style, today announced financial results for the second quarter ended June 30, 2022. The Company posted net revenues of $89.1 million in the second quarter of 2022, which is a 9% year-over-year increase from the second quarter of 2021. Gross Merchandise Value (GMV) grew 8% year-over-year from the second quarter of 2021 to $483.5... More