Etsy (ETSY) Tops Q3 EPS by 12c, Revenues Beat; Guides Q4 Higher

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Etsy, Inc. Reports Third Quarter 2020 Financial Results

October 28, 2020 4:05 PM EDT

BROOKLYN, N.Y., Oct. 28, 2020 /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 financial results for its third quarter ended September 30, 2020.

"We delivered very strong results during the third quarter, with consolidated GMS and revenue growth up 119% and 128% respectively, evidence of our focused execution, engagement with our buyers and sellers, and our strong brand, underpinned by the unique inventory in our marketplace," said Josh Silverman, Etsy, Inc. Chief Executive Officer. "Consumer... More