earnings
confidence high
sentiment positive
materiality 0.75
The RealReal Q3 revenue up 11% to $148M; first positive Adjusted EBITDA of $2.3M; raises FY guidance
TheRealReal, Inc.
2024-Q3 EPS reported
-$0.61
revenue$436,489,000
- Revenue $148M (+11% YoY); GMV $433M (+6% YoY).
- Net loss $(18)M improved from $(23)M; GAAP diluted EPS $(0.17) vs $(0.22).
- Adjusted EBITDA positive at $2.3M (1.6% margin) vs $(7.0M) loss in Q3 2023.
- Raises FY2024 guidance: revenue $595-602M, Adj. EBITDA $4.7-7.7M.
- Active buyers 389k (+7% YoY); orders 829k (+4% YoY).