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home / news releases / NEGG - Newegg Commerce reports FY results


NEGG - Newegg Commerce reports FY results

2023-04-24 16:38:35 ET

  • Newegg Commerce press release ( NASDAQ: NEGG ): FY Revenue of $1.72B (-27.7% Y/Y).
  • GMV decreased to $2.20 billion, compared to $3.03 billion in 2021.
  • Gross profit decreased to $216.6 million, compared to $326.0 million in 2021.
  • Net loss was $57.4 million, compared to net income of $36.3 million in 2021.
  • Adjusted EBITDA decreased to $0.6 million, compared to $52.4 million in 2021.

For further details see:

Newegg Commerce reports FY results
Stock Information

Company Name: Newegg Commerce Inc.
Stock Symbol: NEGG
Market: NASDAQ
Website: newegg.com

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