Etsy: Third Quarter Earnings Snapshot

On October 31, 2024By Littum

BROOKLYN, N.Y. (AP) — BROOKLYN, N.Y. (AP) — Etsy Inc. ( ETSY ) reported third-quarter net income of $57.4 million on Wednesday.

On a per-share basis, the Brooklyn, New York-based company said it had a profit of 45 cents.

The results missed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 54 cents per share. stock.

The online craft marketplace had revenue of $662.4 million in the period, beating the Street’s forecasts. Ten analysts surveyed by Zacks expected $653.8 million.