secwatch.observer — SEC 8-K summary
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Issuer:     ThredUp Inc. (TDUP)
CIK:        0001484778
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001484778-23-000169
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ThredUp Q2 revenue $82.7M (+8% YoY); net loss narrows to $18.8M from $28.4M
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- Revenue $82.7M (+8% YoY); gross margin 67.4% vs 68.9% prior year.
- Net loss improved to $18.8M (22.7% of rev) from $28.4M (37.2%) YoY.
- Adj. EBITDA loss narrowed to $5.0M (6.1% margin) from $13.5M (17.7%).
- Active Buyers 1.71M (-0.8% YoY); Orders 1.79M (+5% YoY).
- Q3 2023 rev guidance $82-84M; FY2023 rev $325-329M, adj. EBITDA loss margin 5.5-4.5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1484778/000148477823000169/0001484778-23-000169-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1484778/000148477823000169/tdup-20230808.htm
  HTML page:      https://secwatch.observer/filing/0001484778-23-000169

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