secwatch.observer — SEC 8-K summary
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Issuer:     ThredUp Inc. (TDUP)
CIK:        0001484778
Form:       8-K
Filed at:   2022-11-14T23:59:59+00:00
Accession:  0001484778-22-000186
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ThredUp Q3 revenue $67.9M (+7% YoY); net loss widens to $23.7M; guides Q4 revenue $62-64M
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- Revenue $67.9M (+7% YoY); gross margin 65.5% vs 72.8% YoY.
- Net loss $23.7M (34.8% of revenue) vs $14.7M (23.3%) YoY; adjusted EBITDA loss $11.0M.
- Active buyers 1.7M (+18% YoY); orders 1.6M (+24% YoY).
- Q4 guidance: revenue $62-64M, gross margin 62-64%, adj. EBITDA loss margin 14.5%-16.5%.
- Full-year 2022 revenue guidance $279-281M; adj. EBITDA loss margin 17.0%-16.5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1484778/000148477822000186/0001484778-22-000186-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1484778/000148477822000186/tdup-20221114.htm
  HTML page:      https://secwatch.observer/filing/0001484778-22-000186

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