ThredUP reports Q3 EPS (22c), consensus (15c)

Reports Q3 revenue $73.0M, consensus $70.1M. Reports Active Buyers of 1.632M and Orders of 1.553M, representing decreases of 7% and 14%, respectively, over the third quarter 2023. “Though we know there is still work ahead, we have made clear progress in course-correcting in the U.S. since last quarter,” said ThredUp (TDUP) CEO and co-founder James Reinhart. “With momentum in our marketplace, we are pleased to be raising our U.S. Q4 and 2024 revenue outlook and are excited for the opportunities in front of us.”