secwatch.observer — SEC 8-K summary
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Issuer:     TheRealReal, Inc. (REAL)
CIK:        0001573221
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0001573221-24-000105
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

The RealReal Q2 revenue up 11% to $145M; net loss narrows to $17M; FY Adj EBITDA guidance raised to $0-6M
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- Q2 revenue of $145M, up 11% YoY; GMV of $441M, up 4%.
- Net loss of $17M vs $41.3M YoY; GAAP diluted EPS -$0.20 vs -$0.41.
- Adjusted EBITDA -$1.8M, improvement of $21M YoY; gross margin 74.1% (+829 bps).
- Consignment revenue grew 17% YoY; active buyers 381,000 (+9% YoY).
- FY 2024 guidance: revenue $580-595M, Adj EBITDA $0-6M (breakeven or positive).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1573221/000157322124000105/0001573221-24-000105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1573221/000157322124000105/real-20240806.htm
  HTML page:      https://secwatch.observer/filing/0001573221-24-000105

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