Etsy Q2 Earnings: Revenue Beat, EPS Beat, GMS Down 2.1%, Company Making 'Excellent' Progress On 'Bold Moves'
Etsy Q2 Earnings: Revenue Beat, EPS Beat, GMS Down 2.1%, Company Making 'Excellent' Progress On 'Bold Moves'
Etsy Inc (NASDAQ:ETSY) reported financial results for the second quarter after the market close on Wednesday. Here's a look at the key metrics from the quarter.
週三收盤後，Etsy Inc（納斯達克：ETSY）發佈了第二季度財務業績報告。以下是該季度的主要指標。
Q2 Earnings: Etsy reported second-quarter revenue of $647.8 million, beating the consensus estimate of $629.57 million, according to Benzinga Pro. The company reported quarterly earnings of 46 cents per share, beating estimates of 44 cents per share.
Q2業績：據Benzinga Pro報道，Etsy第二季度營業收入爲6,478萬美元，超過共識估計6,295.7萬美元。該公司報告每股季度收益爲46美分，超過44美分的估計。
Consolidated GMS (gross merchandise sales) totaled $2.9 billion in the quarter, down 2.1% year-over-year. Etsy marketplace GMS was $2.5 billion, down 3.2% year-over-year.
該季度的綜合GMS（總商品銷售額）合計爲29億美元，年同比下降2.1%。Etsy網站GMS爲25億美元，年同比下降3.2%。
Within the Etsy marketplace, active buyers increased 1% year-over-year after the company reactivated 6.4 million buyers, up 8.5% from the prior year period. GMS per active buyer declined 3.2% on a trailing 12-month basis, but Etsy noted this metric "continued to stabilize on a sequential basis."
在Etsy網站內，經公司重新啓動的640萬買家後，活躍買家同比增長1%，較前一年同期上升8.5%。按照過去12個月GMS計算，每個活躍買家的GMS下降了3.2%，但Etsy指出該指標"持續穩定"。
Etsy said it repurchased approximately $150 million of its stock in the second quarter. The company ended the quarter with $1.1 billion in cash, equivalents and short- and long-term investments.
Etsy表示，第二季度回購了約1.5億美元的股票。該公司截至該季度末現金、等值物和短期和長期投資共計11億美元。
"Gifting is proving to be a winning theme — driving growth as a key source of differentiation for Etsy. We are making excellent progress with other bold moves and investments meant to raise consideration among buyers — to help us stand apart more than ever. While this is a challenging environment for our type of goods, we are focused on reigniting Etsy marketplace growth and gaining market share," said Josh Silverman, CEO of Etsy.
"禮品"正在成爲一個成功的主題，成爲Etsy的一個關鍵差異化增長來源。我們正在取得其他大膽舉措和投資的極好進展，以提高買家的考慮度，幫助我們比以往更加脫穎而出。雖然對於我們這種類型的商品而言，這是一個具有挑戰性的環境，但我們專注於重新點燃Etsy市場的增長並獲得市場份額。"Etsy首席執行官喬希·西爾弗曼表示。
Outlook: Etsy expects third-quarter GMS to decline in the low single-digit range on a year-over-year basis. The company anticipates third-quarter adjusted EBITDA margin of approximately 27%.
展望未來：Etsy預計第三季度GMS年同比下降低個位數範圍。該公司預計第三季度調整後的EBITDA利潤率約爲27%。
Etsy reiterated that it expects full-year 2024 consolidated adjusted EBITDA margin to come in "at least the same as the 2023 result."
Etsy重申，預計2024年整年調整後的EBITDA利潤率"至少與2023年的結果相同"。
Management Update: Etsy announced that CFO Rachel Glaser has decided to retire from her role. Etsy said it has retained an executive recruiting firm to assist in the search for her successor. Glaser will remain in her role until a successor is appointed. She will then stay with Etsy in an advisory capacity through June 30, 2025 to support a smooth transition.
管理層更新：Etsy宣佈，首席財務官Rachel Glaser決定退休。Etsy表示已聘請執行招聘公司來協助尋找她的繼任者。Glaser將在繼任者任命之前繼續擔任她的職務。她隨後將以顧問身份留在Etsy，支持平穩過渡，直到2025年6月30日。
Management will hold a conference call to discuss these results at 5 p.m. ET.
管理層將於東部時間下午5點舉行電話會議，討論這些結果。
ETSY Price Action: At the time of writing, Etsy shares were down 0.20% after hours at $65.01, according to Benzinga Pro.
ETSY價格行情：根據Benzinga Pro的數據，在非營業時間，Etsy股票下跌0.20％至65.01美元。
Photo: Sergei Elagin/Shutterstock.
圖片來源：Sergei Elagin / Shutterstock。