Etsy (ETSY) Reports Q2 Loss of $0.07/Share

Etsy (NASDAQ: ETSY) reported Q2 EPS of ($0.07), versus ($0.08) reported last year. Revenue for the quarter came in at $61.4 million, versus $42.5 million reported last year.

GMS was $546.2 million, up 24.6% compared with the second quarter of 2014. Growth in GMS was driven by 24.6% year-over-year growth in active sellers and 31.6% year-over-year growth in active buyers. We continued to make progress in narrowing the gap between mobile visits and mobile GMS as a result of strong year-over-year GMS growth on our mobile app platform. Etsy has rapidly become a mobile-first company; percent mobile visits was approximately 60% compared with approximately 53% in the second quarter of 2014 and percent mobile GMS was approximately 43% compared with approximately 36% in the second quarter of 2014. Mobile visits also continued to grow faster than desktop visits.

For earnings history and earnings-related data on Etsy (ETSY) click here.

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