earnings
confidence high
sentiment negative
materiality 0.65
1stdibs Q3 revenue $21.2M (+3% YoY), net loss widens to $5.7M; Q4 guidance soft
1stdibs.com, Inc.
2024-Q3 EPS reported
-$0.35
revenue$65,487,000
- Net revenue $21.2M (+3% YoY); gross margin 71.0% vs 73.3% in Q3 2023.
- GAAP net loss $5.7M vs $3.3M loss a year ago; Adjusted EBITDA -$3.0M (-14.1% margin).
- GMV $84.6M (-5% YoY); orders +7% to ~33K; active buyers ~63K (-1%).
- Q4 guidance: revenue $21.4-22.7M, GMV $86-93M, Adj EBITDA margin (13%)-(17%).
- Board authorized $10M stock repurchase program in August 2024.