Etsy (ETSY) posted mixed fourth quarter results after the market close on Wednesday. The e-commerce company reported earnings of $0.62 per share compared to estimates of $0.78. Revenue, however, was better than expected, $842.3 million versus the Street’s estimate of $827.3 million. Gross merchandise sales of $4.01 billion was about in line with expectations.
Yahoo Finance’s Josh Lipton and Julie Hyman break the report down.
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Editor’s note: This article was written by Stephanie Mikulich.
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