The web platform Etsy is famous for selling cutesy handmade arts and crafts, but even a company that relies on a cottage industry of artisans is increasingly undergirded by artificial intelligence, its CEO told AFP on Tuesday.
BROOKLYN, N.Y., Nov. 12, 2024 /PRNewswire/ -- Etsy, Inc. (Nasdaq: ETSY), which operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers around the world, today announced participation at the following investor conferences.
Etsy's stock has declined over 22% in the past year due to changing consumer behavior and increased competition from Amazon and Shopify. Despite challenges, Etsy's focus on specialized platforms like Depop and Reverb shows potential for growth in sustainable and niche markets. Financials reveal mixed performance, but Q3 2024 results indicate stability with a slight revenue increase and strong c...
When investors think of how they will eventually get their returns from a stock investment, they typically relate to the classic “Buy low, sell high” strategy. Another common way of looking at this is through dividend payouts, as the quarterly (sometimes monthly) income gives shareholders a sense of comfort and achievement.
Etsy, Inc. (NASDAQ:ETSY ) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Deb Wasser - Vice President of Investor Relations Josh Silverman - Chief Executive Officer Rachel Glaser - Chief Financial Officer Conference Call Participants Nick Jones - JMP Securities Anna Andreeva - Piper Sandler Scott Devitt - Wedbush Securities Nikhil Devnani - Bernstein Maria Ripp...
Etsy beat third-quarter gross merchandise sales (GMS) and revenue estimates on Wednesday, helped by steady demand from new and habitual buyers for handcrafted antiques and customized jewelry and clothing at its online marketplace.
Etsy's Board of Directors Approves a new $1B Stock Repurchase Program BROOKLYN, N.Y. , Oct. 30, 2024 /PRNewswire/ -- Etsy, Inc. (NASDAQ: ETSY), which operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers around the world, today announced results for its third quarter ended September 30, 2024.
Etsy thrived during the pandemic as consumers flocked to online shopping, but as economic conditions worsened, shares plummeted over 80% from their peak. Despite the stock's decline to 2018 levels, Etsy's revenues have increased 4.5x, margins have expanded, and earnings have quadrupled. Management is implementing strategies like a loyalty program and "Gift Mode" to increase customer engagement ...
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