secwatch.observer — SEC 8-K summary
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Issuer:     ThredUp Inc. (TDUP)
CIK:        0001484778
Form:       8-K
Filed at:   2022-05-09T23:59:59+00:00
Accession:  0001484778-22-000069
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ThredUp Q1 revenue $72.7M (+31% YoY); net loss $20.7M
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- Revenue $72.7M (+31% YoY); gross profit $50.2M (69.1% margin); net loss $20.7M ($0.21 loss per share).
- Active buyers reached 1.7M (+33% YoY); orders 1.6M (+45% YoY).
- Adjusted EBITDA loss $13.0M, vs $9.1M a year ago; margin -17.8%.
- Q2 2022 guidance: revenue $75-77M; FY 2022 guidance: revenue $315-325M.
- Opened two U.S. processing centers and expanded RaaS with Pacsun and Madewell.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1484778/000148477822000069/0001484778-22-000069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1484778/000148477822000069/tdup-20220509.htm
  HTML page:      https://secwatch.observer/filing/0001484778-22-000069

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer