secwatch.observer — SEC 8-K summary
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Issuer:     TheRealReal, Inc. (REAL)
CIK:        0001573221
Form:       8-K
Filed at:   2024-11-04T23:59:59+00:00
Accession:  0001573221-24-000124
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

The RealReal Q3 revenue up 11% to $148M; first positive Adjusted EBITDA of $2.3M; raises FY guidance
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1573221/000157322124000124/0001573221-24-000124-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1573221/000157322124000124/real-20241104.htm
  HTML page:      https://secwatch.observer/filing/0001573221-24-000124

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