2023-05-09 17:03:52 ET
- ThredUp press release ( NASDAQ: TDUP ): Q1 GAAP EPS of -$0.19 beats by $0.01 .
- Revenue of $75.9M (+4.4% Y/Y) beats by $3.63M .
- Active Buyers of 1.7 million and orders of 1.5 million in Q1 2023, representing a decrease of 3% and 8%, respectively, year-over-year.
- Sees Q2 revenue in the range of $80 million to $82 million. The Q2 revenue estimate is $79.04M.
- Now sees FY 2023 revenue in the range of $320 million to $330 million. TDUP had guided FY 2023 revenue of $310M to $320M. The consensus estimate is $315.51M.
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ThredUp Q1 results beat estimates, co raises FY 2023 revenue guidance