secwatch.observer — SEC 8-K summary
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Issuer:     1stdibs.com, Inc. (DIBS)
CIK:        0001600641
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0001600641-24-000152
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

1stDibs Q2 2024 net revenue $22.2M (+6% YoY); GAAP net loss narrows to $4.4M
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- Net revenue $22.2M (+6% YoY); GMV $91.5M (+2% YoY); order count ~34K (+5% YoY).
- GAAP net loss $4.4M vs $8.3M prior year; Adjusted EBITDA margin -7.1% vs -21.9%.
- Active buyers ~61K (-6% YoY) but conversion rate expanding; Q3 guidance: rev $20.8M-$22.1M.
- Cash and investments $110.6M; best Adjusted EBITDA margin as a public company.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1600641/000160064124000152/0001600641-24-000152-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1600641/000160064124000152/quarterly-20240806.htm
  HTML page:      https://secwatch.observer/filing/0001600641-24-000152

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