Poshmark Inc. (POSH) Misses Q3 EPS by 6c
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Poshmark, Inc. Reports Third Quarter 2022 Financial Results
November 10, 2022 4:01 PM ESTQ3 Total Revenue Increased 11% Year-over-Year to $88.4 million
Q3 Gross Merchandise Value Increased 7% Year-over-Year to $475.6 million
Q3 Adjusted EBITDA was ($8.0) million with (9.0%) margins
REDWOOD CITY, Calif., Nov. 10, 2022 (GLOBE NEWSWIRE) -- Poshmark, Inc. (NASDAQ: POSH), a leading social marketplace for new and secondhand style, today announced financial results for the third quarter ended September 30, 2022. The Company posted net revenues of $88.4 million in the third quarter of 2022, which is an 11% year-over-year increase from the third quarter of 2021. Gross Merchandise Value (GMV) grew 7% year-over-year from the third quarter of 2021 to... More
