ThredUp: Q1 Earnings Insights

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ThredUp TDUP reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

ThredUp beat estimated earnings by 5.0%, reporting an EPS of $-0.19 versus an estimate of $-0.2.

Revenue was up $3.23 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 51.23% increase in the share price the next day.

Here's a look at ThredUp's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.20 -0.22 -0.20 -0.20
EPS Actual -0.19 -0.24 -0.29 -0.21
Revenue Estimate 63.03M 65.22M 76.14M 71.29M
Revenue Actual 71.32M 67.94M 76.42M 72.69M

To track all earnings releases for ThredUp visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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