Sees Q4 gross merchandise value $585M-$595M. Sees Q4 adjusted EBITDA $17.5M-$18.5M. Levesque continued, “Going forward, we see an opportunity to continue to build trust with our sellers and improve the customer experience through deeper consignor relationships, enhanced tools and insights, and ongoing AI initiatives. We are at the leading edge of a growing industry, which fuels our ability to shape the evolution of luxury resale and drive sustained profitable growth.”
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on REAL:
- RealReal reports Q3 EPS (49c), consensus (6c)
- RealReal options imply 12.6% move in share price post-earnings
- REAL Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- RealReal upgraded to Overweight from Sector Weight at KeyBanc
- Meta downgraded, Coinbase upgraded: Wall Street’s top analyst calls