Tag Archives: Etsy

[unable to retrieve full-text content]Fresh Street calls: A vicious downgrade on Etsy, McDonald’s feels inflationary pain  Yahoo Finance Source link

Roku (ROKU): Shares plunged in extended trading after the company forecasted a wider-than-expected loss. Roku expects adjusted EBITDA of negative $135 million for the fourth quarter, more than three times what analysts were expecting. For the third quarter, revenue was $761.4 million, up 12% from a year ago, while average revenue per user rose 10% year-over-year to $44.25. In the earnings release, Roku outlined plans to slow hiring, writing, “We will continue to slow headcount and OpEx… Source link

Etsy (ETSY) stock popped 9% in after-hours trading on Wednesday after the e-commerce company reported third-quarter revenue that beat analysts’ expectations. Here are the key figures compared to Wall Street’s expectations, compiled from Bloomberg: Revenue: $594.5 million actual versus $563.6 million expected Gross Merchandise Sales: $3 billion actual versus $2.92 billion expected Loss Per Share: -$7.62 actual versus 76 cents expected Active Buyers: 94 million actual versus 95.5 million… Source link

E-commerce platform Etsy (ETSY) is bracing for impact as more than 12,000 sellers go on “strike.” Sellers are placing their shops on “vacation mode” for up to an entire week to protest new company policies that go into effect today, including an increase in transaction fees from 5% to 6.5%. Etsy strike organizer Kristi Cassidy told Yahoo Finance Live that sellers are “fed up” and hope to gain Etsy’s attention from the movement, which started on Reddit. Demands include cancelling the fee… Source link

© Reuters By Peter Nurse Investing.com — Stocks in focus in premarket trade on Friday, February 25th. Please refresh for updates. Beyond Meat (NASDAQ:) stock fell 10% after the posted disappointing numbers for the fourth quarter with revenue falling short of expectations and its net loss more than tripling. Tesla (NASDAQ:) stock rose 1.4% after Daiwa upgraded its stance on the electric car manufacturer to “outperform” from “neutral”, saying the rising gasoline prices… Source link

Benzinga Apple Expected To Join The $100 Billion Revenue Club When Earnings Are Released Did someone say $100 billion? And then some? Wall Street analysts did. A consensus sees Apple Inc (NASDAQ: AAPL) as joining that rarefied corporate crowd that’s broken the $100 billion in quarterly revenues mark when it opens the books Wednesday on its fiscal Q1. That’s a record for AAPL, of course, and may have been assisted by holiday sales of its new iPhone 12. But it’s one in a series of fresh… Source link