- ThredUp Press Launch (NASDAQ:TDUP): Second quarter GAAP EPS – $0.13 Missed $0.03.
- Income was US$79.75 million (-3.5% year-on-year) Missed out on $2.73 million.
- Outlook for Season 3: Consolidated income ranged from $69 million to $71 million.
- U.S. income ranged from $59 million to $61 million.
- The excellent gross revenue margin ranges from 69.8% to 71.8%.
- U.S. gross revenue margins vary from 77.5% to 79.5%.
- Consolidated adjusted EBITDA revenue margin is within the vary of (6.0)% to (4.0)%
- U.S. adjusted EBITDA margin was within the vary of (1.0)% to 1.0%.
- Fourth quarter outlook: Consolidated income is within the vary of US$70 million to US$72 million.
- U.S. income ranged from $57 million to $59 million.
- The excellent gross revenue margin is between 68.8% and 70.8%.
- U.S. gross revenue margins vary from 77.5% to 79.5%.
- Consolidated adjusted EBITDA revenue margin is within the vary of (4.5)% to (2.5)%
- U.S. adjusted EBITDA margin was within the vary of 0.0% to 2.0%.
- Outlook for 2024: Consolidated income ranged from $298 million to $302 million.
- U.S. income ranged from $247 million to $251 million.
- The excellent gross revenue margin is between 69.6% and 70.6%.
- U.S. gross revenue margins vary from 78.5% to 79.5%.
- Consolidated adjusted EBITDA revenue margin is within the vary of (3.3)% to (2.3)%
- U.S. adjusted EBITDA margin was within the vary of 1.0% to 2.0%.
ThredUp GAAP EPS of -$0.13, $0.03 below forecast, on revenue of $79.75 million, $2.73 million below forecast (NASDAQ: TDUP)
By Viral News
