secwatch.observer — SEC 8-K summary
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Issuer:     1stdibs.com, Inc. (DIBS)
CIK:        0001600641
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001600641-24-000065
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

1stDibs Q1 net loss narrows to $3.3M; revenue down 1% to $22.1M; provides Q2 guidance
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- Net revenue $22.1M (-1% YoY); gross margin expanded to 72.5% from 67.1%.
- GAAP net loss $3.3M vs loss $8.1M a year ago; Adjusted EBITDA loss -$1.8M (vs -$5.3M).
- GMV $91.7M (-6%), orders ~35K flat, active buyers ~61K (-9%).
- Q2 2024 guidance: GMV $85-92M, revenue $21.0-22.3M, Adjusted EBITDA margin (14%)-(9%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1600641/000160064124000065/0001600641-24-000065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1600641/000160064124000065/q1-20240508.htm
  HTML page:      https://secwatch.observer/filing/0001600641-24-000065

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