158.12MMarket Cap-2.17P/E (TTM)
1.443High1.350Low282.51KVolume1.440Open1.470Pre Close391.88KTurnover0.35%Turnover RatioLossP/E (Static)113.76MShares2.42052wk High2.28P/B111.66MFloat Cap0.50352wk Low--Dividend TTM80.33MShs Float31.860Historical High--Div YieldTTM6.33%Amplitude0.503Historical Low1.387Avg Price1Lot Size
ThredUp Stock Forum
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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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