ThredUP reports Q3 EPS (3c), consensus (4c)

Reports Q3 revenue $82.16M, consensus $77.6M. Reports active buyers of 1.57M and orders of 1.61M for Q3. “In Q3, we are proud to have delivered our fourth consecutive quarter of accelerating revenue growth, driven by exceptional new buyer acquisition and order growth,” said ThredUp (TDUP) CEO and co-founder James Reinhart. “This quarter, we launched a fully rebranded ThredUp experience, with new products and features that create a more personalized and engaging way to buy and sell secondhand. These advancements are enabled by years of investment in our data and technology infrastructure, positioning us to innovate faster and strengthen our competitive moat in the growing resale market.”