|Bid||3.1800 x 800|
|Ask||3.3900 x 1400|
|Day's Range||3.0200 - 3.2500|
|52 Week Range||1.9000 - 23.7000|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 08, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||8.96|
CEO James Reinhart said the firm is adjusting, having laid off 15 percent of the corporate workforce, and still angling for profitability.
ThredUp (TDUP) delivered earnings and revenue surprises of -26.09% and 0.25%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Quarterly revenue of $76.4 million, representing 27% growth year-over-year.Second quarter gross margin of 68.9% and gross profit growth of 19% year-over-year. Record gross margins in our US business of 74.2%.Active Buyers of 1.7 million and Orders of 1.7 million in Q2 2022, representing growth of 29% and 40% year-over-year, respectively.Published the 10th Annual Resale Report in May, revealing that the U.S. secondhand market is projected to more than double by 2026, reaching $82 billion. OAKLAND