$ThredUp (TDUP.US)$ what's going on here lately? You went from being one of the most talked about stocks, getting slammed down. Now, no one is talking!While you're moving on the low before earnings!
$ThredUp (TDUP.US)$ NEWS ThredUp Announces First Quarter 2024 Results ThredUp reported a 5% year-over-year increase in revenue for the first quarter of 2024, reaching $79.6 million. The company saw a significant gross profit increase of 8% year-over-year, totaling $55.3 million, with a gross margin of 69.5%. ThredUp anticipates achieving positive adjusted EBITDA margin and free cash flow for 2024, signaling financial strength and growth potential. The reorganization efforts to embrace an AI-driv...
$ThredUp (TDUP.US)$Quarterly revenue of $82.0 million, representing an increase of 21% year-over-year. -- U.S. business reached quarterly adjusted EBITDA breakeven for first time in company's history. -- Third quarter gross margin of 69.0% and an increase in gross profit of 27% year-over-year. -- Record Active Buyers of 1.8 million and Orders of 1.8 million in Q3 2023, representing an increase of 4% and an increase of 11%, respectively, year-over-year. -- Continue to grow its Resale-as-...
ThredUp Stock Forum
what's going on here lately? You went from being one of the most talked about stocks, getting slammed down. Now, no one is talking!While you're moving on the low before earnings!
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NEWS
ThredUp Announces First Quarter 2024 Results
ThredUp reported a 5% year-over-year increase in revenue for the first quarter of 2024, reaching $79.6 million.
The company saw a significant gross profit increase of 8% year-over-year, totaling $55.3 million, with a gross margin of 69.5%.
ThredUp anticipates achieving positive adjusted EBITDA margin and free cash flow for 2024, signaling financial strength and growth potential.
The reorganization efforts to embrace an AI-driv...
year-over-year.
-- U.S. business reached quarterly adjusted EBITDA breakeven for first time
in company's history.
-- Third quarter gross margin of 69.0% and an increase in gross profit of
27% year-over-year.
-- Record Active Buyers of 1.8 million and Orders of 1.8 million in Q3 2023,
representing an increase of 4% and an increase of 11%, respectively,
year-over-year.
-- Continue to grow its Resale-as-...
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