In early May, Shopify(NYSE: SHOP) surprised Wall Street by announcing aggressive cost-cutting that sharply reduced its head count. The move was aimed at helping return the business to sustainably ...
Investors are always looking for growth in small-cap stocks like Etsy Inc (NASDAQ:ETSY), with a market cap of USD $1.96B. However, an important fact which most ignore is: how financially healthy is ...
Etsy's organic gross merchandise sales increased 1% in the third quarter, above our estimate for a 1% decrease. EBITDA margin was down 230 basis points to 25.4% on a 6% increase in marketing cost.
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Why Etsy (ETSY) Stock Is Nosediving
Shares of online marketplace Etsy (NASDAQ:ETSY) fell 8.8% in the afternoon session after its third-quarter earnings report revealed a drop in active buyers and a weak forecast for the fourth quarter.
Etsy (ETSY +0.11%) has been one of the most disappointing stocks of the post-pandemic era. The online marketplace for handmade and vintage goods has struggled to return to growth after a surge of ...
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